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

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 210 shares, a drop of 98.2% from the July 15th total of 11,486 shares. Based on an average daily volume of 34,890 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

Shares of DIAL stock opened at $17.94 on Thursday. The firm has a fifty day simple moving average of $18.05 and a two-hundred day simple moving average of $18.20. Columbia Diversified Fixed Income Allocation ETF has a 12 month low of $17.85 and a 12 month high of $18.62.

Institutional Investors Weigh In On Columbia Diversified Fixed Income Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in DIAL. LPL Financial LLC increased its stake in Columbia Diversified Fixed Income Allocation ETF by 75.6% in the 4th quarter. LPL Financial LLC now owns 2,183,465 shares of the company’s stock valued at $40,077,000 after buying an additional 939,843 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Columbia Diversified Fixed Income Allocation ETF by 13.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 6,619,968 shares of the company’s stock worth $122,138,000 after buying an additional 805,152 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at approximately $13,765,000. Bank of America Corp DE grew its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 33.6% in 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 acquiring an additional 310,190 shares in the last quarter. Finally, Jane Street Group LLC increased its position 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 acquiring an additional 92,531 shares during the last quarter. 2.16% of the stock is 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.