Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Up 135.6% in August

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,098 shares, an increase of 135.6% from the July 30th total of 466 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 1,450 shares, the days-to-cover ratio is presently 0.8 days.

Ned Davis Research 360 Dynamic Allocation ETF Stock Down 0.3%

NDAA traded down $0.07 during midday trading on Friday, reaching $24.40. The company had a trading volume of 3,182 shares, compared to its average volume of 4,063. Ned Davis Research 360 Dynamic Allocation ETF has a 1 year low of $20.87 and a 1 year high of $24.65. The company has a market cap of $4.64 million, a P/E ratio of 18.42 and a beta of 0.71. The business has a 50-day moving average of $23.98 and a two-hundred day moving average of $23.31.

About Ned Davis Research 360 Dynamic Allocation ETF

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.