Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Short Interest Climbs 261.0%

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 4,361 shares, an increase of 261.0% from the September 15th total of 1,208 shares. Based on an average trading volume of 64,606 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Columbia Diversified Fixed Income Allocation ETF Price Performance

Shares of NYSEARCA:DIAL remained flat at $17.26 during trading on Monday. The stock had a trading volume of 25,296 shares, compared to its average volume of 87,054. The company has a 50-day simple moving average of $17.69 and a two-hundred day simple moving average of $17.97. Columbia Diversified Fixed Income Allocation ETF has a fifty-two week low of $17.07 and a fifty-two week high of $18.62.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Walkner Condon Financial Advisors LLC lifted its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 19.7% in the first quarter. Walkner Condon Financial Advisors LLC now owns 21,285 shares of the company’s stock valued at $385,000 after purchasing an additional 3,500 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in shares of Columbia Diversified Fixed Income Allocation ETF by 1,343.9% in the second quarter. Concurrent Investment Advisors LLC now owns 209,952 shares of the company’s stock valued at $3,815,000 after purchasing an additional 195,411 shares during the last quarter. Royal Bank of Canada increased its stake in shares of Columbia Diversified Fixed Income Allocation ETF by 13.9% during the 1st quarter. Royal Bank of Canada now owns 235,193 shares of the company’s stock worth $4,253,000 after purchasing an additional 28,691 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in shares of 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 worth $22,302,000 after purchasing an additional 310,190 shares in the last quarter. 2.16% of the stock is owned by institutional investors and hedge funds.

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.