SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Shares Shorted: Short Interest Down 76.0% in October

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 11,160 shares, a decline of 76.0% from the September 30th total of 46,429 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 54,688 shares, the short-interest ratio is currently 0.2 days.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

Shares of RAA traded down $0.14 during mid-day trading on Thursday, reaching $30.19. 33,090 shares of the company were exchanged, compared to its average volume of 49,591. SMI 3Fourteen REAL Asset Allocation ETF has a 52 week low of $26.68 and a 52 week high of $30.74. The stock has a market capitalization of $613.84 million, a PE ratio of 25.16 and a beta of 0.66. The business has a 50 day simple moving average of $30.27 and a two-hundred day simple moving average of $29.36.

Institutional Investors Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC boosted its position in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 499,446 shares of the company’s stock after buying an additional 135,580 shares during the period. EverSource Wealth Advisors LLC owned approximately 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent quarter.

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.