Short Interest in Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Declines By 63.4%

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 466 shares, a drop of 63.4% from the July 15th total of 1,272 shares. Based on an average daily volume of 2,103 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Ned Davis Research 360 Dynamic Allocation ETF Stock Performance

Shares of NASDAQ NDAA traded up $0.01 during trading hours on Friday, hitting $24.61. The stock had a trading volume of 307 shares, compared to its average volume of 1,648. The company has a market capitalization of $4.68 million, a P/E ratio of 18.42 and a beta of 0.71. The firm’s 50-day moving average price is $23.86 and its two-hundred day moving average price is $23.18. Ned Davis Research 360 Dynamic Allocation ETF has a 52 week low of $20.76 and a 52 week high of $24.65.

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.