Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Declines By 44.6%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAAGet Free Report) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 18,463 shares, a decline of 44.6% from the April 15th total of 33,321 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 40,249 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC lifted its stake in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAAFree Report) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 363,866 shares of the company’s stock after buying an additional 25,984 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 at the end of the most recent reporting period.

SMI 3Fourteen REAL Asset Allocation ETF Stock Down 1.5%

NASDAQ RAA traded down $0.44 during trading on Friday, hitting $29.88. The stock had a trading volume of 30,052 shares, compared to its average volume of 55,565. The company has a market capitalization of $613.14 million, a PE ratio of 25.16 and a beta of 0.63. The firm has a 50 day moving average price of $28.61 and a 200 day moving average price of $28.18. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $24.31 and a twelve month high of $30.38.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 18th were paid a dividend of $0.0537 per share. The ex-dividend date of this dividend was Wednesday, March 18th.

About SMI 3Fourteen REAL Asset Allocation ETF

(Get Free Report)

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.

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