Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Update

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 3,502 shares, a decrease of 49.9% from the August 31st total of 6,991 shares. Based on an average daily trading volume, of 27,141 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Ned Davis Research 360 Dynamic Allocation ETF Price Performance

Shares of NDAA stock traded down $0.05 during trading hours on Wednesday, hitting $23.89. The company had a trading volume of 116,672 shares, compared to its average volume of 6,624. The company’s fifty day moving average is $24.19 and its 200 day moving average is $23.57. Ned Davis Research 360 Dynamic Allocation ETF has a fifty-two week low of $21.20 and a fifty-two week high of $24.65. The stock has a market capitalization of $190.64 million, a PE ratio of 18.42 and a beta of 0.71.

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.