Short Interest in Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Grows By 3,897.6%

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 8,395 shares, a growth of 3,897.6% from the July 30th total of 210 shares. Based on an average daily volume of 95,714 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

Several institutional investors have recently bought and sold shares of DIAL. Ameriprise Financial Inc. increased its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 13.8% in the third quarter. Ameriprise Financial Inc. now owns 6,619,968 shares of the company’s stock worth $122,138,000 after purchasing an additional 805,152 shares during the last quarter. LPL Financial LLC raised its stake in shares of Columbia Diversified Fixed Income Allocation ETF by 75.6% during the fourth quarter. LPL Financial LLC now owns 2,183,465 shares of the company’s stock valued at $40,077,000 after acquiring an additional 939,843 shares in the last quarter. Bank of America Corp DE raised its position in Columbia Diversified Fixed Income Allocation ETF by 33.6% during 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 in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Columbia Diversified Fixed Income Allocation ETF in the fourth quarter worth about $13,765,000. Finally, UBS Group AG lifted its position in shares of Columbia Diversified Fixed Income Allocation ETF by 0.8% in the 3rd quarter. UBS Group AG now owns 608,235 shares of the company’s stock worth $11,222,000 after purchasing an additional 4,569 shares during the period. 2.16% of the stock is owned by hedge funds and other institutional investors.

Columbia Diversified Fixed Income Allocation ETF Trading Up 0.4%

DIAL traded up $0.08 during trading on Tuesday, reaching $18.03. 21,035 shares of the company traded hands, compared to its average volume of 90,483. Columbia Diversified Fixed Income Allocation ETF has a 12-month low of $17.85 and a 12-month high of $18.62. The firm has a fifty day simple moving average of $18.02 and a 200 day simple moving average of $18.17.

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.