Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Expands By 111.7%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 58,809 shares, a growth of 111.7% from the February 26th total of 27,775 shares. Based on an average daily volume of 39,209 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the company are short sold.

SMI 3Fourteen REAL Asset Allocation ETF Price Performance

NASDAQ RAA traded down $0.15 during trading on Thursday, reaching $27.46. 14,349 shares of the company’s stock were exchanged, compared to its average volume of 59,446. The business has a 50 day moving average price of $28.28 and a 200-day moving average price of $27.76. The stock has a market capitalization of $592.59 million, a P/E ratio of 25.16 and a beta of 0.86. SMI 3Fourteen REAL Asset Allocation ETF has a fifty-two week low of $21.93 and a fifty-two week high of $29.10.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, March 18th were issued a dividend of $0.0537 per share. The ex-dividend date of this dividend was Wednesday, March 18th.

Hedge Funds Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC grew its stake in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 13.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 337,882 shares of the company’s stock after purchasing an additional 40,863 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 1.62% of SMI 3Fourteen REAL Asset Allocation ETF worth $9,168,000 as of its most recent SEC filing.

SMI 3Fourteen REAL Asset Allocation ETF Company Profile

The SMI 3Fourteen REAL Asset Allocation ETF (RAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds. The strategy involves monitoring five broad asset classes and adjusting the weighting to each using various trend-following techniques RAA was launched on Feb 26, 2025 and is issued by SMI Funds.