Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Sees Large Growth in Short Interest

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 7,117 shares, a growth of 1,010.3% from the April 15th total of 641 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 190,849 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

Several institutional investors have recently made changes to their positions in DIAL. Royal Bank of Canada grew its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 1.8% during the first quarter. Royal Bank of Canada now owns 172,073 shares of the company’s stock valued at $3,077,000 after purchasing an additional 3,023 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 224.8% during the first quarter. Jane Street Group LLC now owns 133,697 shares of the company’s stock valued at $2,391,000 after purchasing an additional 92,531 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 45,758 shares of the company’s stock valued at $833,000 after purchasing an additional 1,060 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in Columbia Diversified Fixed Income Allocation ETF by 5.7% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 16,790 shares of the company’s stock worth $310,000 after buying an additional 910 shares in the last quarter. Finally, New Insight Wealth Advisors grew its holdings in Columbia Diversified Fixed Income Allocation ETF by 5.4% in the 3rd quarter. New Insight Wealth Advisors now owns 30,502 shares of the company’s stock worth $563,000 after buying an additional 1,568 shares in the last quarter. 2.16% of the stock is owned by institutional investors.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

Shares of NYSEARCA:DIAL remained flat at $18.15 during trading on Wednesday. The stock had a trading volume of 46,094 shares, compared to its average volume of 105,466. The stock has a 50 day simple moving average of $18.21 and a two-hundred day simple moving average of $18.35. Columbia Diversified Fixed Income Allocation ETF has a 52 week low of $17.69 and a 52 week 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.