SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Update

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 65,685 shares, a growth of 70.4% from the February 26th total of 38,550 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily volume of 26,919 shares, the short-interest ratio is currently 2.4 days.

SMI 3Fourteen Full-Cycle Trend ETF Price Performance

NASDAQ FCTE traded down $0.39 during mid-day trading on Friday, reaching $24.17. 9,416 shares of the stock were exchanged, compared to its average volume of 34,344. The stock has a market cap of $203.03 million, a P/E ratio of 28.39 and a beta of 0.78. SMI 3Fourteen Full-Cycle Trend ETF has a one year low of $21.55 and a one year high of $27.51. The stock has a 50 day simple moving average of $26.28 and a 200-day simple moving average of $25.77.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF stock. Flow Traders U.S. LLC acquired a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 24,212 shares of the company’s stock, valued at approximately $644,000. Flow Traders U.S. LLC owned 0.16% of SMI 3Fourteen Full-Cycle Trend ETF at the end of the most recent reporting period.

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.