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

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

Columbia Diversified Fixed Income Allocation ETF Stock Up 0.4%

NYSEARCA:DIAL opened at $18.03 on Wednesday. Columbia Diversified Fixed Income Allocation ETF has a twelve month low of $17.85 and a twelve month high of $18.62. The business has a 50 day moving average price of $18.02 and a two-hundred day moving average price of $18.17.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in DIAL. Concurrent Investment Advisors LLC grew its position in 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 in the last quarter. Bank of America Corp DE increased its stake in Columbia Diversified Fixed Income Allocation ETF by 33.6% in 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 during the last quarter. Royal Bank of Canada lifted its position in 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. Walkner Condon Financial Advisors LLC lifted its position in Columbia Diversified Fixed Income Allocation ETF by 19.7% during the 1st 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 in the last quarter. Finally, Advisory Services Network LLC boosted its stake in shares of Columbia Diversified Fixed Income Allocation ETF by 28.6% during the 4th quarter. Advisory Services Network LLC now owns 10,066 shares of the company’s stock worth $185,000 after buying an additional 2,236 shares during the last quarter. Institutional investors and hedge funds 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.