Short Interest in Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Increases By 349.2%

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 31,972 shares, a growth of 349.2% from the April 30th total of 7,117 shares. Based on an average trading volume of 37,647 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Columbia Diversified Fixed Income Allocation ETF Stock Up 0.1%

Shares of Columbia Diversified Fixed Income Allocation ETF stock traded up $0.02 during trading hours on Friday, hitting $18.26. The company’s stock had a trading volume of 24,278 shares, compared to its average volume of 105,193. Columbia Diversified Fixed Income Allocation ETF has a 12 month low of $17.83 and a 12 month high of $18.62. The stock has a 50 day moving average of $18.17 and a 200 day moving average of $18.32.

Institutional Investors Weigh In On Columbia Diversified Fixed Income Allocation ETF

Large investors have recently modified their holdings of the business. Sunbelt Securities Inc. bought a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter worth about $26,000. Advisory Services Network LLC bought a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter worth about $144,000. Kestra Advisory Services LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF during the fourth quarter worth about $152,000. Cornerstone Planning Group LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF during the fourth quarter worth about $159,000. Finally, 5T Wealth LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF during the fourth quarter worth about $202,000. 2.16% of the stock is currently owned by institutional investors.

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.