SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Update

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 63,765 shares, an increase of 119.4% from the May 14th total of 29,060 shares. Based on an average daily trading volume, of 38,315 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC boosted its stake in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 499,446 shares of the company’s stock after purchasing 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 reporting period.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

NASDAQ:RAA opened at $29.88 on Monday. The company has a market cap of $613.14 million, a PE ratio of 25.16 and a beta of 0.62. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $25.05 and a twelve month high of $30.63. The company’s 50 day moving average is $29.51 and its two-hundred day moving average is $28.55.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 19th. Shareholders of record on Wednesday, March 18th were given 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

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.