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

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) was the recipient of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 100,045 shares, a decline of 55.4% from the June 15th total of 224,248 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 201,428 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On Columbia EM Core ex-China ETF

A number of institutional investors and hedge funds have recently modified their holdings of XCEM. Global Retirement Partners LLC acquired a new position in shares of Columbia EM Core ex-China ETF in the 4th quarter valued at $33,000. Allworth Financial LP raised its holdings in Columbia EM Core ex-China ETF by 76.7% during the 4th quarter. Allworth Financial LP now owns 2,234 shares of the company’s stock worth $86,000 after buying an additional 970 shares during the period. Atlas Capital Advisors Inc. purchased a new stake in Columbia EM Core ex-China ETF during the fourth quarter valued at about $98,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Columbia EM Core ex-China ETF during the third quarter valued at about $106,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Columbia EM Core ex-China ETF in the third quarter worth about $116,000.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA XCEM traded up $0.64 during trading on Tuesday, hitting $49.70. The company had a trading volume of 126,554 shares, compared to its average volume of 239,046. The company has a market cap of $1.98 billion, a P/E ratio of 14.14 and a beta of 0.89. Columbia EM Core ex-China ETF has a 52 week low of $33.76 and a 52 week high of $55.43. The business’s 50-day moving average is $51.04 and its 200 day moving average is $45.40.

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.