Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Short Interest Down 34.7% in July

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 65,344 shares, a drop of 34.7% from the June 30th total of 100,045 shares. Based on an average trading volume of 189,762 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA XCEM traded up $0.28 during mid-day trading on Friday, reaching $47.27. The company had a trading volume of 13,611 shares, compared to its average volume of 230,188. Columbia EM Core ex-China ETF has a one year low of $33.76 and a one year high of $55.43. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 14.14 and a beta of 0.89. The business’s 50-day simple moving average is $50.71 and its 200 day simple moving average is $46.22.

Institutional Trading of Columbia EM Core ex-China ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV bought a new position in Columbia EM Core ex-China ETF in the third quarter valued at approximately $26,958,000. Bank of America Corp DE increased its stake in shares of Columbia EM Core ex-China ETF by 10.2% in the 1st quarter. Bank of America Corp DE now owns 3,427,623 shares of the company’s stock valued at $139,881,000 after purchasing an additional 318,012 shares during the last quarter. Citadel Advisors LLC increased its stake in shares of Columbia EM Core ex-China ETF by 3,662.7% in the 3rd quarter. Citadel Advisors LLC now owns 250,973 shares of the company’s stock valued at $9,118,000 after purchasing an additional 244,303 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Columbia EM Core ex-China ETF by 468.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 291,840 shares of the company’s stock worth $9,975,000 after buying an additional 240,536 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Columbia EM Core ex-China ETF by 750.5% during the 1st quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock worth $10,390,000 after buying an additional 224,655 shares during the last quarter.

About Columbia EM Core ex-China ETF

The Columbia EM Core ex-China ETF (XCEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index that provides broad equity exposure to emerging markets excluding China. XCEM was launched on Sep 2, 2015 and is managed by Columbia.