SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Stock Short Interest Declines 76.0%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 11,160 shares, a drop of 76.0% from the September 30th total of 46,429 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 54,688 shares, the days-to-cover ratio is currently 0.2 days.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

Shares of SMI 3Fourteen REAL Asset Allocation ETF stock traded down $0.31 during trading on Friday, hitting $29.95. 11,159 shares of the stock traded hands, compared to its average volume of 49,551. The stock has a market cap of $608.90 million, a P/E ratio of 25.16 and a beta of 0.66. The company has a fifty day moving average price of $30.27 and a two-hundred day moving average price of $29.37. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $26.68 and a twelve month high of $30.74.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC lifted its position in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 499,446 shares of the company’s stock after purchasing an additional 135,580 shares during the quarter. EverSource Wealth Advisors LLC owned 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent reporting period.

About SMI 3Fourteen REAL Asset Allocation ETF

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.