SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Up 83.5% in February

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 100,409 shares, a growth of 83.5% from the January 29th total of 54,728 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 55,273 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily trading volume, of 55,273 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.2% of the shares of the company are short sold.

SMI 3Fourteen Full-Cycle Trend ETF Stock Performance

Shares of FCTE traded up $0.02 during midday trading on Friday, hitting $26.85. 16,203 shares of the stock traded hands, compared to its average volume of 41,098. The business’s 50 day moving average price is $26.29 and its two-hundred day moving average price is $25.85. The firm has a market capitalization of $225.54 million, a PE ratio of 28.39 and a beta of 0.78. SMI 3Fourteen Full-Cycle Trend ETF has a 1-year low of $21.55 and a 1-year high of $27.51.

SMI 3Fourteen Full-Cycle Trend ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a $0.0223 dividend. The ex-dividend date was Wednesday, December 24th. This represents a $0.09 annualized dividend and a yield of 0.3%.

Hedge Funds Weigh In On SMI 3Fourteen Full-Cycle Trend ETF

An institutional investor recently bought a new position in SMI 3Fourteen Full-Cycle Trend ETF stock. JPMorgan Chase & Co. purchased a new position in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,862 shares of the company’s stock, valued at approximately $50,000.

SMI 3Fourteen Full-Cycle Trend ETF Company Profile

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.