Columbia Select Technology ETF (NYSEARCA:SEMI) Short Interest Up 161.5% in April

Columbia Select Technology ETF (NYSEARCA:SEMI) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 13,537 shares, an increase of 161.5% from the April 15th total of 5,176 shares. Based on an average daily trading volume, of 8,554 shares, the short-interest ratio is currently 1.6 days. Currently, 1.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. acquired a new position in Columbia Select Technology ETF in the 2nd quarter valued at about $34,000. Ascentis Independent Advisors acquired a new position in Columbia Select Technology ETF in the 1st quarter valued at about $36,000. Harbour Investments Inc. grew its stake in 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 buying an additional 330 shares during the last quarter. Johnson Financial Group LLC acquired a new position in Columbia Select Technology ETF in the 4th quarter valued at about $208,000. Finally, JFG Wealth Management LLC acquired a new position in Columbia Select Technology ETF in the 3rd quarter valued at about $213,000. Institutional investors and hedge funds own 62.97% of the company’s stock.

Columbia Select Technology ETF Stock Performance

Shares of SEMI opened at $37.35 on Friday. Columbia Select Technology ETF has a 52 week low of $24.52 and a 52 week high of $38.26. The firm has a market cap of $44.82 million, a P/E ratio of -7.07 and a beta of 1.51. The firm’s 50-day simple moving average is $32.29 and its 200 day simple moving average is $31.74.

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.