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

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 10,000 shares, an increase of 85.2% from the May 15th total of 5,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 279,200 shares, the short-interest ratio is currently 0.0 days.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA:XCEM traded up $0.35 during trading hours on Monday, hitting $33.16. 52,789 shares of the company’s stock traded hands, compared to its average volume of 229,019. Columbia EM Core ex-China ETF has a 52 week low of $26.44 and a 52 week high of $33.90. The company’s fifty day simple moving average is $30.95 and its two-hundred day simple moving average is $30.39. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 14.04 and a beta of 0.81.

Hedge Funds Weigh In On Columbia EM Core ex-China ETF

Several large investors have recently made changes to their positions in XCEM. Bank of America Corp DE boosted its holdings in shares of Columbia EM Core ex-China ETF by 5.3% in the fourth quarter. Bank of America Corp DE now owns 3,958,602 shares of the company’s stock worth $117,175,000 after buying an additional 200,261 shares during the period. LPL Financial LLC boosted its holdings in shares of Columbia EM Core ex-China ETF by 4.8% in the fourth quarter. LPL Financial LLC now owns 1,486,080 shares of the company’s stock worth $43,988,000 after buying an additional 67,896 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Columbia EM Core ex-China ETF by 10.7% in the first quarter. Raymond James Financial Inc. now owns 872,362 shares of the company’s stock worth $25,765,000 after buying an additional 84,064 shares during the period. Penserra Capital Management LLC boosted its holdings in shares of Columbia EM Core ex-China ETF by 104.2% in the first quarter. Penserra Capital Management LLC now owns 866,460 shares of the company’s stock worth $25,590,000 after buying an additional 442,078 shares during the period. Finally, Prism Advisors Inc. boosted its holdings in shares of Columbia EM Core ex-China ETF by 2.3% in the first quarter. Prism Advisors Inc. now owns 793,639 shares of the company’s stock worth $23,440,000 after buying an additional 17,632 shares during the period.

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.