Short Interest in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Rises By 83.5%

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEGet Free Report) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 100,409 shares, an increase of 83.5% from the January 29th total of 54,728 shares. Based on an average daily volume of 55,273 shares, the short-interest ratio is presently 1.8 days. Currently, 1.2% of the company’s shares are short sold. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 55,273 shares, the short-interest ratio is presently 1.8 days.

SMI 3Fourteen Full-Cycle Trend ETF Price Performance

NASDAQ FCTE traded up $0.02 during trading on Friday, hitting $26.85. 16,203 shares of the company’s stock traded hands, compared to its average volume of 41,098. The stock has a fifty day moving average of $26.29 and a two-hundred day moving average of $25.85. SMI 3Fourteen Full-Cycle Trend ETF has a 12-month low of $21.55 and a 12-month high of $27.51. The firm has a market cap of $225.54 million, a P/E ratio of 28.39 and a beta of 0.78.

SMI 3Fourteen Full-Cycle Trend ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.0223 per share. This represents a $0.09 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, December 24th.

Institutional Trading of SMI 3Fourteen Full-Cycle Trend ETF

A hedge fund recently bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF stock. Flow Traders U.S. LLC purchased a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 24,212 shares of the company’s stock, valued at approximately $644,000. Flow Traders U.S. LLC owned approximately 0.16% of SMI 3Fourteen Full-Cycle Trend ETF as of its most recent SEC filing.

About SMI 3Fourteen Full-Cycle Trend ETF

(Get Free Report)

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.

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