Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Shares Shorted: Short Interest Up 139.5% in October

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 21,687 shares, a growth of 139.5% from the October 15th total of 9,057 shares. Based on an average daily trading volume, of 78,757 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Columbia Diversified Fixed Income Allocation ETF Trading Down 0.2%

Shares of DIAL stock traded down $0.04 on Friday, hitting $17.30. The company’s stock had a trading volume of 60,447 shares, compared to its average volume of 86,154. The stock’s 50 day moving average is $17.45 and its 200-day moving average is $17.99. Columbia Diversified Fixed Income Allocation ETF has a fifty-two week low of $17.07 and a fifty-two week high of $18.62.

Institutional Trading of Columbia Diversified Fixed Income Allocation ETF

A number of institutional investors have recently bought and sold shares of DIAL. William Mack & Associates Inc. acquired a new position in shares of Columbia Diversified Fixed Income Allocation ETF during the 3rd quarter worth approximately $36,000. Private Advisor Group LLC raised its position in shares of Columbia Diversified Fixed Income Allocation ETF by 5.6% in the third quarter. Private Advisor Group LLC now owns 98,615 shares of the company’s stock valued at $1,696,000 after buying an additional 5,272 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter valued at approximately $224,000. Royal Bank of Canada raised its position in shares of Columbia Diversified Fixed Income Allocation ETF by 13.9% in the first quarter. Royal Bank of Canada now owns 235,193 shares of the company’s stock valued at $4,253,000 after buying an additional 28,691 shares in the last quarter. Finally, Concurrent Investment Advisors LLC boosted its stake 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 buying an additional 195,411 shares during the period. Institutional investors own 2.16% of the company’s stock.

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.