SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Up 436.0% in January

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 54,728 shares, an increase of 436.0% from the January 15th total of 10,210 shares. Based on an average daily volume of 28,686 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.7% of the shares of the company are short sold. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 28,686 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SMI 3Fourteen Full-Cycle Trend ETF stock. Flow Traders U.S. LLC bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 24,212 shares of the company’s stock, valued at approximately $644,000. Flow Traders U.S. LLC owned 0.16% of SMI 3Fourteen Full-Cycle Trend ETF as of its most recent filing with the Securities & Exchange Commission.

SMI 3Fourteen Full-Cycle Trend ETF Trading Down 2.0%

Shares of NASDAQ:FCTE traded down $0.55 during midday trading on Thursday, hitting $26.54. The stock had a trading volume of 74,419 shares, compared to its average volume of 49,614. SMI 3Fourteen Full-Cycle Trend ETF has a 1 year low of $21.55 and a 1 year high of $27.51. The stock has a 50 day moving average price of $25.89 and a two-hundred day moving average price of $25.79. The company has a market capitalization of $222.94 million, a PE ratio of 28.39 and a beta of 0.78.

SMI 3Fourteen Full-Cycle Trend ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.0223 per share. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, December 24th.

SMI 3Fourteen Full-Cycle Trend ETF Company Profile

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.