Columbia EM Core ex-China ETF (NYSEARCA:XCEM) Short Interest Down 55.4% in June

Columbia EM Core ex-China ETF (NYSEARCA:XCEM) saw a large decline in short interest in 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. Based on an average daily trading volume, of 201,428 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are short sold.

Columbia EM Core ex-China ETF Stock Performance

Shares of NYSEARCA:XCEM traded up $0.64 during trading on Tuesday, reaching $49.70. The company had a trading volume of 126,554 shares, compared to its average volume of 239,046. The firm’s fifty day moving average is $51.04 and its 200 day moving average is $45.40. The firm has a market capitalization of $1.98 billion, a PE ratio of 14.14 and a beta of 0.89. Columbia EM Core ex-China ETF has a twelve month low of $33.76 and a twelve month high of $55.43.

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

Several hedge funds have recently modified their holdings of XCEM. Royal Bank of Canada grew its holdings in Columbia EM Core ex-China ETF by 3,953.0% during the first quarter. Royal Bank of Canada now owns 45,637 shares of the company’s stock worth $1,348,000 after acquiring an additional 44,511 shares during the period. NewEdge Advisors LLC lifted its holdings in Columbia EM Core ex-China ETF by 4.2% in the 1st quarter. NewEdge Advisors LLC now owns 40,720 shares of the company’s stock valued at $1,203,000 after acquiring an additional 1,649 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Columbia EM Core ex-China ETF during the 1st quarter valued at about $349,000. EverSource Wealth Advisors LLC bought a new position in shares of Columbia EM Core ex-China ETF during the 2nd quarter valued at about $129,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of Columbia EM Core ex-China ETF by 11.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 7,942 shares of the company’s stock worth $271,000 after purchasing an additional 785 shares during the last quarter.

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.