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

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 46,429 shares, an increase of 167.3% from the September 15th total of 17,372 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 34,463 shares, the short-interest ratio is currently 1.3 days.

SMI 3Fourteen REAL Asset Allocation ETF Price Performance

SMI 3Fourteen REAL Asset Allocation ETF stock traded up $0.01 during midday trading on Tuesday, hitting $30.38. 47,321 shares of the stock were exchanged, compared to its average volume of 51,091. SMI 3Fourteen REAL Asset Allocation ETF has a 1 year low of $26.68 and a 1 year high of $30.74. The firm has a market cap of $616.61 million, a P/E ratio of 25.16 and a beta of 0.66. The company has a 50 day moving average price of $30.26 and a two-hundred day moving average price of $29.68.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC increased its holdings in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 499,446 shares of the company’s stock after acquiring an additional 135,580 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 as of its most recent filing with the SEC.

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.