SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Shares Shorted: Short Interest Up 50.7% in September

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 22,066 shares, a growth of 50.7% from the August 31st total of 14,643 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 20,597 shares, the days-to-cover ratio is presently 1.1 days.

SMI 3Fourteen Full-Cycle Trend ETF Trading Up 1.2%

SMI 3Fourteen Full-Cycle Trend ETF stock opened at $29.26 on Friday. SMI 3Fourteen Full-Cycle Trend ETF has a 1-year low of $23.89 and a 1-year high of $30.75. The firm’s fifty day simple moving average is $29.19 and its 200-day simple moving average is $27.86. The company has a market capitalization of $239.93 million, a P/E ratio of 28.39 and a beta of 0.74.

About SMI 3Fourteen Full-Cycle Trend ETF

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.