SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Update
by Jessica Moore · The Cerbat GemSMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 810 shares, a decrease of 74.2% from the April 15th total of 3,134 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 20,050 shares, the short-interest ratio is currently 0.0 days.
SMI 3Fourteen Full-Cycle Trend ETF Stock Down 0.0%
FCTE traded down $0.01 during midday trading on Wednesday, hitting $26.52. 10,575 shares of the company were exchanged, compared to its average volume of 30,261. The firm’s 50 day moving average price is $26.11 and its 200-day moving average price is $25.81. SMI 3Fourteen Full-Cycle Trend ETF has a 1-year low of $23.89 and a 1-year high of $27.68. The firm has a market capitalization of $225.42 million, a P/E ratio of 28.39 and a beta of 0.89.
Institutional Trading of SMI 3Fourteen Full-Cycle Trend ETF
A hedge fund recently bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF stock. JPMorgan Chase & Co. purchased a new position in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,862 shares of the company’s stock, valued at approximately $50,000.
SMI 3Fourteen Full-Cycle Trend ETF Company Profile
The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.