Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Short Interest Update

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 5,076 shares, a decrease of 39.5% from the August 15th total of 8,395 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 30,926 shares, the short-interest ratio is currently 0.2 days.

Columbia Diversified Fixed Income Allocation ETF Price Performance

Shares of Columbia Diversified Fixed Income Allocation ETF stock traded up $0.10 during trading hours on Thursday, reaching $17.67. The company had a trading volume of 112,687 shares, compared to its average volume of 87,986. Columbia Diversified Fixed Income Allocation ETF has a one year low of $17.56 and a one year high of $18.62. The business has a fifty day simple moving average of $17.90 and a 200 day simple moving average of $18.08.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its position in shares of Columbia Diversified Fixed Income Allocation ETF by 33.6% during the first 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 period. Convergence Financial LLC boosted its position in shares of Columbia Diversified Fixed Income Allocation ETF by 3.6% in the fourth quarter. Convergence Financial LLC now owns 326,547 shares of the company’s stock valued at $5,994,000 after acquiring an additional 11,294 shares during the period. Royal Bank of Canada boosted 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 acquiring an additional 28,691 shares during the period. Concurrent Investment Advisors LLC grew its stake in 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 acquiring an additional 195,411 shares in the last quarter. Finally, Walkner Condon Financial Advisors LLC increased its holdings 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 acquiring an additional 3,500 shares during the period. Institutional investors own 2.16% of the company’s stock.

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.