Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Shares Shorted: Short Interest Down 49.9% in September

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 3,502 shares, a drop of 49.9% from the August 31st total of 6,991 shares. Based on an average daily trading volume, of 27,141 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Ned Davis Research 360 Dynamic Allocation ETF Stock Performance

Ned Davis Research 360 Dynamic Allocation ETF stock traded down $0.04 during trading hours on Tuesday, hitting $23.96. The company had a trading volume of 529 shares, compared to its average volume of 6,064. The firm has a market cap of $200.54 million, a P/E ratio of 18.42 and a beta of 0.71. The company has a 50-day moving average price of $24.18 and a two-hundred day moving average price of $23.56. Ned Davis Research 360 Dynamic Allocation ETF has a 1 year low of $21.20 and a 1 year high of $24.65.

Ned Davis Research 360 Dynamic Allocation ETF Company Profile

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, multi-asset fund-of-funds that uses its proprietary 360 approach in setting investment allocations for long-term capital appreciation. Portfolio exposure includes equity, fixed income, and commodity asset classes. NDAA was launched on Oct 17, 2024 and is issued by Ned Davis Research.