Short Interest in Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Decreases By 45.6%

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,272 shares, a decline of 45.6% from the June 30th total of 2,338 shares. Based on an average trading volume of 607 shares, the short-interest ratio is presently 2.1 days. Currently, 0.7% of the company’s shares are short sold.

Ned Davis Research 360 Dynamic Allocation ETF Stock Performance

Shares of Ned Davis Research 360 Dynamic Allocation ETF stock remained flat at $23.72 during trading on Friday. 9,130 shares of the stock traded hands, compared to its average volume of 1,675. Ned Davis Research 360 Dynamic Allocation ETF has a 12-month low of $20.25 and a 12-month high of $24.28. The company has a 50 day simple moving average of $23.79 and a two-hundred day simple moving average of $23.02. The firm has a market capitalization of $4.51 million, a PE ratio of 18.42 and a beta of 0.71.

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.