Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Update

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,272 shares, a drop of 45.6% from the June 30th total of 2,338 shares. Based on an average trading volume of 607 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.7% of the company’s shares are short sold.

Ned Davis Research 360 Dynamic Allocation ETF Stock Performance

NASDAQ:NDAA remained flat at $23.35 on Thursday. The company’s stock had a trading volume of 1,236 shares, compared to its average volume of 1,623. The business has a fifty day moving average of $23.79 and a two-hundred day moving average of $23.01. The stock has a market capitalization of $4.44 million, a PE ratio of 18.42 and a beta of 0.71. Ned Davis Research 360 Dynamic Allocation ETF has a 12 month low of $20.25 and a 12 month high of $24.28.

About Ned Davis Research 360 Dynamic Allocation ETF

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.