SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Sees Significant Decline in Short Interest

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 2,930 shares, a drop of 35.4% from the November 30th total of 4,536 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 42,828 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 42,828 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC lifted its stake in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 13.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 337,882 shares of the company’s stock after purchasing an additional 40,863 shares during the quarter. EverSource Wealth Advisors LLC owned 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 Price Performance

Shares of RAA traded down $0.18 during mid-day trading on Monday, reaching $27.59. The company had a trading volume of 40,004 shares, compared to its average volume of 126,064. The company’s 50-day moving average is $27.61 and its 200-day moving average is $26.77. The company has a market capitalization of $574.70 million, a P/E ratio of 25.16 and a beta of 0.86. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $21.93 and a twelve month high of $28.04.

SMI 3Fourteen REAL Asset Allocation ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were issued a dividend of $0.3464 per share. The ex-dividend date was Wednesday, December 24th.

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.