Short Interest in Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Declines By 82.0%

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 1,304 shares, a drop of 82.0% from the April 15th total of 7,226 shares. Based on an average trading volume of 4,452 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the company’s stock are short sold.

Ned Davis Research 360 Dynamic Allocation ETF Price Performance

Shares of NASDAQ NDAA traded up $0.06 during midday trading on Thursday, hitting $24.03. 104 shares of the company’s stock were exchanged, compared to its average volume of 1,982. Ned Davis Research 360 Dynamic Allocation ETF has a twelve month low of $19.41 and a twelve month high of $24.04. The company has a market cap of $4.57 million, a PE ratio of 18.42 and a beta of 0.71. The firm’s fifty day simple moving average is $22.58 and its 200-day simple moving average is $22.36.

Ned Davis Research 360 Dynamic Allocation ETF Company Profile

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, multi-asset fund-of-funds that uses its proprietary 360 approach in setting investment allocations for long-term capital appreciation. Portfolio exposure includes equity, fixed income, and commodity asset classes. NDAA was launched on Oct 17, 2024 and is issued by Ned Davis Research.