SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Down 44.6% in April

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 18,463 shares, a decrease of 44.6% from the April 15th total of 33,321 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 40,249 shares, the short-interest ratio is currently 0.5 days.

SMI 3Fourteen REAL Asset Allocation ETF Trading Down 1.5%

Shares of SMI 3Fourteen REAL Asset Allocation ETF stock traded down $0.44 during trading hours on Friday, reaching $29.88. 30,052 shares of the company’s stock were exchanged, compared to its average volume of 55,565. The stock has a market cap of $613.14 million, a P/E ratio of 25.16 and a beta of 0.63. The company has a 50 day moving average of $28.61 and a two-hundred day moving average of $28.18. SMI 3Fourteen REAL Asset Allocation ETF has a fifty-two week low of $24.31 and a fifty-two week high of $30.38.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

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

Institutional Inflows and Outflows

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

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.