Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Drops By 62.7%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 23,788 shares, a drop of 62.7% from the May 31st total of 63,765 shares. Based on an average daily volume of 67,657 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

SMI 3Fourteen REAL Asset Allocation ETF Trading Up 0.4%

RAA traded up $0.12 during midday trading on Tuesday, hitting $29.48. 31,615 shares of the company were exchanged, compared to its average volume of 54,392. The company’s 50 day simple moving average is $29.79 and its 200 day simple moving average is $28.69. The firm has a market capitalization of $604.93 million, a price-to-earnings ratio of 25.16 and a beta of 0.62. SMI 3Fourteen REAL Asset Allocation ETF has a 1-year low of $25.43 and a 1-year high of $30.63.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Wednesday, June 17th were issued a dividend of $0.0989 per share. This is a positive change from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Wednesday, June 17th.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC raised its stake in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 499,446 shares of the company’s stock after acquiring an additional 135,580 shares during the quarter. 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.

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.