SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Up 839.6% in August

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 29,128 shares, an increase of 839.6% from the July 30th total of 3,100 shares. Based on an average daily volume of 36,839 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the company’s shares are short sold.

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 holdings in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 499,446 shares of the company’s stock after purchasing an additional 135,580 shares during the quarter. EverSource Wealth Advisors LLC owned about 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent quarter.

SMI 3Fourteen REAL Asset Allocation ETF Price Performance

NASDAQ RAA traded up $0.04 during mid-day trading on Thursday, reaching $30.48. 627 shares of the stock were exchanged, compared to its average volume of 51,701. The stock has a market cap of $629.41 million, a P/E ratio of 25.16 and a beta of 0.65. SMI 3Fourteen REAL Asset Allocation ETF has a one year low of $26.11 and a one year high of $30.63. The stock has a 50 day simple moving average of $29.70 and a 200-day simple moving average of $29.21.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Wednesday, June 17th were given a $0.0989 dividend. This is a boost from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Wednesday, June 17th.

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.