Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Down 63.4% in July

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 466 shares, a drop of 63.4% from the July 15th total of 1,272 shares. Based on an average daily volume of 2,103 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

Ned Davis Research 360 Dynamic Allocation ETF Trading Up 0.0%

NASDAQ:NDAA traded up $0.01 during trading hours on Friday, reaching $24.61. The company had a trading volume of 307 shares, compared to its average volume of 1,648. Ned Davis Research 360 Dynamic Allocation ETF has a 52 week low of $20.76 and a 52 week high of $24.65. The firm has a market cap of $4.68 million, a price-to-earnings ratio of 18.42 and a beta of 0.71. The firm’s 50 day moving average price is $23.86 and its 200-day moving average price is $23.18.

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.