SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Sees Significant Decrease in Short Interest

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 3,100 shares, a drop of 92.1% from the July 15th total of 39,136 shares. Based on an average daily trading volume, of 42,309 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC boosted its holdings in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 7.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 363,866 shares of the company’s stock after purchasing an additional 25,984 shares during the quarter. EverSource Wealth Advisors LLC owned about 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 at the end of the most recent quarter.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

SMI 3Fourteen REAL Asset Allocation ETF stock remained flat at $30.09 during trading hours on Tuesday. The company’s stock had a trading volume of 22,191 shares, compared to its average volume of 53,968. SMI 3Fourteen REAL Asset Allocation ETF has a 52-week low of $25.98 and a 52-week high of $30.63. The firm has a market capitalization of $621.36 million, a price-to-earnings ratio of 25.16 and a beta of 0.65. The firm has a 50 day moving average price of $29.61 and a 200-day moving average price of $29.05.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Wednesday, June 17th were given a dividend of $0.0989 per share. The ex-dividend date of this dividend was Wednesday, June 17th. This is a positive change from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05.

SMI 3Fourteen REAL Asset Allocation ETF Company Profile

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.