Columbia Select Technology ETF (NYSEARCA:SEMI) Short Interest Down 40.8% in May

Columbia Select Technology ETF (NYSEARCA:SEMI) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,018 shares, a decrease of 40.8% from the April 30th total of 13,537 shares. Based on an average trading volume of 8,367 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.7% of the shares of the stock are sold short.

Columbia Select Technology ETF Price Performance

NYSEARCA:SEMI opened at $40.47 on Thursday. Columbia Select Technology ETF has a 1 year low of $25.39 and a 1 year high of $40.92. The stock’s 50 day simple moving average is $34.43 and its two-hundred day simple moving average is $32.25. The company has a market cap of $48.56 million, a price-to-earnings ratio of -7.66 and a beta of 1.51.

Institutional Trading of Columbia Select Technology ETF

A number of large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its stake in Columbia Select Technology ETF by 336.5% in the 1st quarter. Cetera Investment Advisers now owns 63,474 shares of the company’s stock worth $1,833,000 after acquiring an additional 48,933 shares during the last quarter. Next Level Private LLC lifted its position in Columbia Select Technology ETF by 7.0% during the first quarter. Next Level Private LLC now owns 18,365 shares of the company’s stock valued at $530,000 after purchasing an additional 1,200 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Columbia Select Technology ETF by 10.1% during the first quarter. Kestra Advisory Services LLC now owns 13,662 shares of the company’s stock valued at $394,000 after purchasing an additional 1,253 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Columbia Select Technology ETF by 13.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 8,447 shares of the company’s stock valued at $259,000 after purchasing an additional 979 shares during the last quarter. Finally, Johnson Financial Group LLC bought a new position in Columbia Select Technology ETF during the fourth quarter valued at $208,000. Institutional investors own 62.97% of the company’s stock.

Columbia Select Technology ETF Company Profile

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.