Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Short Interest Rises 107.7%

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,057 shares, an increase of 107.7% from the September 30th total of 4,361 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 81,097 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. William Mack & Associates Inc. purchased a new position in Columbia Diversified Fixed Income Allocation ETF during the third quarter valued at approximately $36,000. Concurrent Investment Advisors LLC grew its stake in shares of Columbia Diversified Fixed Income Allocation ETF by 1,343.9% during 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 last quarter. Bank of America Corp DE lifted its holdings 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 buying an additional 310,190 shares in the last quarter. Royal Bank of Canada grew its position 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 buying an additional 28,691 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC lifted its holdings in Columbia Diversified Fixed Income Allocation ETF by 19.7% during the first quarter. Walkner Condon Financial Advisors LLC now owns 21,285 shares of the company’s stock worth $385,000 after buying an additional 3,500 shares during the period. 2.16% of the stock is currently owned by hedge funds and other institutional investors.

Columbia Diversified Fixed Income Allocation ETF Stock Up 0.1%

Columbia Diversified Fixed Income Allocation ETF stock traded up $0.01 during midday trading on Friday, reaching $17.51. 76,704 shares of the company traded hands, compared to its average volume of 86,026. The business has a 50 day moving average of $17.53 and a two-hundred day moving average of $18.03. Columbia Diversified Fixed Income Allocation ETF has a 12 month low of $17.07 and a 12 month high of $18.62.

About Columbia Diversified Fixed Income Allocation ETF

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.