Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Drops By 85.5%

by · The Markets Daily

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 4,221 shares, a drop of 85.5% from the August 15th total of 29,128 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 29,176 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC grew its position in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA – Free Report) by 7.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 363,866 shares of the company’s stock after acquiring an additional 25,984 shares during the period. EverSource Wealth Advisors LLC owned about 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 at the end of the most recent quarter.

SMI 3Fourteen REAL Asset Allocation ETF Stock Up 0.4%

Shares of RAA traded up $0.11 during mid-day trading on Friday, reaching $30.37. The company had a trading volume of 67,138 shares, compared to its average volume of 51,596. The stock has a market capitalization of $627.16 million, a P/E ratio of 25.16 and a beta of 0.65. SMI 3Fourteen REAL Asset Allocation ETF has a 52-week low of $26.68 and a 52-week high of $30.74. The stock has a 50 day moving average of $29.92 and a two-hundred day moving average of $29.37.

SMI 3Fourteen REAL Asset Allocation ETF Company Profile

(Get Free Report)

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.

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