SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Down 87.1% in March
by Kim Johansen · The Markets DailySMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA – Get Free Report) saw a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 7,569 shares, a drop of 87.1% from the March 15th total of 58,809 shares. Based on an average daily volume of 31,945 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A hedge fund 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 – Free Report) by 13.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 337,882 shares of the company’s stock after acquiring an additional 40,863 shares during the quarter. EverSource Wealth Advisors LLC owned approximately 1.62% of SMI 3Fourteen REAL Asset Allocation ETF worth $9,168,000 as of its most recent SEC filing.
SMI 3Fourteen REAL Asset Allocation ETF Stock Performance
Shares of NASDAQ RAA traded down $0.01 during mid-day trading on Friday, reaching $28.39. The company had a trading volume of 42,098 shares, compared to its average volume of 57,598. SMI 3Fourteen REAL Asset Allocation ETF has a one year low of $22.78 and a one year high of $29.10. The firm has a market cap of $550.77 million, a price-to-earnings ratio of 25.16 and a beta of 0.64. The business’s 50-day simple moving average is $28.14 and its 200 day simple moving average is $27.83.
SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 18th were given a $0.0537 dividend. The ex-dividend date was Wednesday, March 18th.
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.