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

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

Ned Davis Research 360 Dynamic Allocation ETF Price Performance

Ned Davis Research 360 Dynamic Allocation ETF stock traded down $0.07 during trading on Friday, reaching $24.40. 3,182 shares of the company were exchanged, compared to its average volume of 4,063. The stock’s 50 day simple moving average is $23.99 and its two-hundred day simple moving average is $23.31. The company has a market capitalization of $4.64 million, a P/E ratio of 18.42 and a beta of 0.71. Ned Davis Research 360 Dynamic Allocation ETF has a 52-week low of $20.87 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.