Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Short Interest Up 349.2% in May

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIALGet Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 31,972 shares, a growth of 349.2% from the April 30th total of 7,117 shares. Based on an average trading volume of 37,647 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.1% of the shares of the company are short sold.

Columbia Diversified Fixed Income Allocation ETF Trading Up 0.1%

Shares of DIAL stock opened at $18.26 on Friday. Columbia Diversified Fixed Income Allocation ETF has a 1 year low of $17.83 and a 1 year high of $18.62. The stock has a fifty day moving average of $18.17 and a two-hundred day moving average of $18.32.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. acquired a new position in Columbia Diversified Fixed Income Allocation ETF during the 3rd quarter worth $26,000. Advisory Services Network LLC acquired a new position in Columbia Diversified Fixed Income Allocation ETF during the 3rd quarter worth $144,000. Kestra Advisory Services LLC bought a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the 4th quarter worth $152,000. Cornerstone Planning Group LLC acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at $159,000. Finally, 5T Wealth LLC acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at $202,000. Institutional investors and hedge funds own 2.16% of the company’s stock.

Columbia Diversified Fixed Income Allocation ETF Company Profile

(Get Free Report)

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.

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