Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Sees Significant Increase in Short Interest

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 38,676 shares, a growth of 70.6% from the August 15th total of 22,664 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 131,547 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in Columbia EM Core ex-China ETF by 10.2% during 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 acquiring an additional 318,012 shares in the last quarter. Sanctuary Advisors LLC lifted its position in shares of Columbia EM Core ex-China ETF by 750.5% in the first quarter. Sanctuary Advisors LLC now owns 254,590 shares of the company’s stock worth $10,390,000 after purchasing an additional 224,655 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Columbia EM Core ex-China ETF by 494.3% in the first quarter. Royal Bank of Canada now owns 230,847 shares of the company’s stock worth $9,421,000 after purchasing an additional 192,002 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Columbia EM Core ex-China ETF during the first quarter worth approximately $4,340,000. Finally, Planning Alternatives Ltd. ADV boosted its holdings in shares of Columbia EM Core ex-China ETF by 18.7% during the first quarter. Planning Alternatives Ltd. ADV now owns 385,033 shares of the company’s stock worth $15,713,000 after purchasing an additional 60,636 shares during the period.

Columbia EM Core ex-China ETF Stock Performance

Shares of XCEM stock traded up $0.10 during mid-day trading on Wednesday, hitting $50.36. 116,576 shares of the stock traded hands, compared to its average volume of 212,615. Columbia EM Core ex-China ETF has a twelve month low of $35.89 and a twelve month high of $55.43. The firm has a market cap of $2.03 billion, a price-to-earnings ratio of 14.14 and a beta of 0.91. The company’s 50-day simple moving average is $49.85 and its 200-day simple moving average is $48.10.

Columbia EM Core ex-China ETF Company Profile

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.