Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Short Interest Update

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,208 shares, a decrease of 76.2% from the August 31st total of 5,076 shares. Based on an average daily trading volume, of 69,251 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Columbia Diversified Fixed Income Allocation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE boosted its position in shares of Columbia Diversified Fixed Income Allocation ETF by 33.6% in the 1st quarter. Bank of America Corp DE now owns 1,233,531 shares of the company’s stock valued at $22,302,000 after purchasing an additional 310,190 shares during the period. Convergence Financial LLC boosted its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 3.6% in the fourth quarter. Convergence Financial LLC now owns 326,547 shares of the company’s stock valued at $5,994,000 after acquiring an additional 11,294 shares during the period. Royal Bank of Canada grew its position in shares of Columbia Diversified Fixed Income Allocation ETF by 13.9% during the first quarter. Royal Bank of Canada now owns 235,193 shares of the company’s stock worth $4,253,000 after acquiring an additional 28,691 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 1,343.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 209,952 shares of the company’s stock valued at $3,815,000 after acquiring an additional 195,411 shares during the period. Finally, Walkner Condon Financial Advisors LLC increased its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 19.7% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 21,285 shares of the company’s stock valued at $385,000 after acquiring an additional 3,500 shares during the period. Institutional investors and hedge funds own 2.16% of the company’s stock.

Columbia Diversified Fixed Income Allocation ETF Price Performance

NYSEARCA:DIAL traded up $0.01 during midday trading on Friday, hitting $17.40. 121,352 shares of the company were exchanged, compared to its average volume of 87,149. The company has a fifty day simple moving average of $17.83 and a 200 day simple moving average of $18.04. Columbia Diversified Fixed Income Allocation ETF has a fifty-two week low of $17.33 and a fifty-two week high of $18.62.

Columbia Diversified Fixed Income Allocation ETF Company Profile

The Columbia Diversified Fixed Income Allocation ETF (DIAL) is an exchange-traded fund that is based on the Beta Advantage Multi-Sector Bond index. The fund tracks an index comprised of six sub-indexes, each representing a different sector within the fixed income space. The index allocates fixed weights to each of the six sectors. DIAL was launched on Oct 12, 2017 and is managed by Columbia.