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

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 10,000 shares, a growth of 85.2% from the May 15th total of 5,400 shares. Based on an average trading volume of 279,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Columbia EM Core ex-China ETF Stock Up 1.1%

Shares of XCEM stock traded up $0.35 during trading on Monday, reaching $33.16. 52,789 shares of the company’s stock were exchanged, compared to its average volume of 229,019. The stock has a market capitalization of $1.18 billion, a PE ratio of 14.04 and a beta of 0.81. Columbia EM Core ex-China ETF has a twelve month low of $26.44 and a twelve month high of $33.90. The firm’s fifty day moving average price is $30.95 and its 200-day moving average price is $30.39.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XCEM. LaFleur & Godfrey LLC grew its holdings in Columbia EM Core ex-China ETF by 9.0% in the 4th quarter. LaFleur & Godfrey LLC now owns 12,897 shares of the company’s stock valued at $382,000 after buying an additional 1,070 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new position in Columbia EM Core ex-China ETF in the 4th quarter valued at $389,000. Scarborough Advisors LLC acquired a new position in Columbia EM Core ex-China ETF in the 4th quarter valued at $1,058,000. Highland Financial Advisors LLC grew its holdings in Columbia EM Core ex-China ETF by 6.8% in the 4th quarter. Highland Financial Advisors LLC now owns 151,944 shares of the company’s stock valued at $4,498,000 after buying an additional 9,644 shares in the last quarter. Finally, Legacy Capital Wealth Partners LLC acquired a new position in Columbia EM Core ex-China ETF in the 4th quarter valued at $312,000.

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.