SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Stock Short Interest Drops 76.0%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a significant decline in short interest in 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 presently 0.2 days.

SMI 3Fourteen REAL Asset Allocation ETF Stock Up 0.2%

Shares of RAA stock traded up $0.06 during mid-day trading on Wednesday, reaching $30.33. The company’s stock had a trading volume of 31,868 shares, compared to its average volume of 49,676. The company’s 50 day simple moving average is $30.27 and its 200-day simple moving average is $29.34. SMI 3Fourteen REAL Asset Allocation ETF has a 12-month low of $26.68 and a 12-month high of $30.74. The firm has a market capitalization of $616.61 million, a PE ratio of 25.16 and a beta of 0.66.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC lifted its stake in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

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.