Short Interest in Columbia Select Technology ETF (NYSEARCA:SEMI) Expands By 156.5%

Columbia Select Technology ETF (NYSEARCA:SEMIGet Free Report) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 24,485 shares, a growth of 156.5% from the July 15th total of 9,547 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average trading volume of 10,202 shares, the short-interest ratio is currently 2.4 days.

Hedge Funds Weigh In On Columbia Select Technology ETF

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. bought a new position in shares of Columbia Select Technology ETF in the 2nd quarter valued at about $34,000. Ascentis Independent Advisors purchased a new stake in Columbia Select Technology ETF during the first quarter valued at approximately $36,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Columbia Select Technology ETF during the second quarter valued at approximately $41,000. Harbour Investments Inc. lifted its stake in shares of Columbia Select Technology ETF by 11.0% in the 4th quarter. Harbour Investments Inc. now owns 3,328 shares of the company’s stock valued at $102,000 after purchasing an additional 330 shares during the last quarter. Finally, Johnson Financial Group LLC bought a new stake in shares of Columbia Select Technology ETF in the 4th quarter valued at approximately $208,000. Institutional investors own 62.97% of the company’s stock.

Columbia Select Technology ETF Price Performance

Shares of NYSEARCA SEMI traded down $0.19 during midday trading on Friday, reaching $39.22. 15,244 shares of the stock traded hands, compared to its average volume of 13,118. The stock has a market capitalization of $39.22 million, a PE ratio of -7.43 and a beta of 1.53. Columbia Select Technology ETF has a one year low of $26.99 and a one year high of $41.03. The company’s 50 day moving average is $38.31 and its 200 day moving average is $34.78.

About Columbia Select Technology ETF

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The Columbia Seligman Semiconductor & Technology ETF (SEMI) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively-managed, non-transparent fund that seeks capital appreciation by investing in domestic or foreign semiconductor and technology-related companies. The fund utilizes the Fidelity non-transparent model. SEMI was launched on Mar 29, 2022 and is managed by Columbia.

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