Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Short Interest Declines 76.2%

by · The Markets Daily

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL – Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,208 shares, a drop of 76.2% from the August 31st total of 5,076 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 69,251 shares, the short-interest ratio is presently 0.0 days.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

NYSEARCA DIAL traded down $0.12 on Monday, reaching $17.27. The company’s stock had a trading volume of 31,082 shares, compared to its average volume of 86,829. The business has a 50-day moving average price of $17.83 and a 200 day moving average price of $18.04. Columbia Diversified Fixed Income Allocation ETF has a 52 week low of $17.26 and a 52 week high of $18.62.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

A number of hedge funds have recently modified their holdings of DIAL. Bank of America Corp DE grew its holdings 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 worth $22,302,000 after purchasing an additional 310,190 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of 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 buying an additional 195,411 shares during the last quarter. Royal Bank of Canada raised its holdings 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 buying an additional 28,691 shares during the last quarter. Convergence Financial LLC lifted its position in Columbia Diversified Fixed Income Allocation ETF by 3.6% during the 4th quarter. Convergence Financial LLC now owns 326,547 shares of the company’s stock worth $5,994,000 after buying an additional 11,294 shares in the last quarter. Finally, 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. 2.16% of the stock is owned by institutional investors and hedge funds.

About Columbia Diversified Fixed Income Allocation ETF

(Get Free Report)

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.

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