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

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 466 shares, a decline of 63.4% from the July 15th total of 1,272 shares. Based on an average daily volume of 2,103 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

Ned Davis Research 360 Dynamic Allocation ETF Stock Performance

NASDAQ:NDAA traded up $0.02 during trading on Friday, reaching $24.62. The company’s stock had a trading volume of 2,184 shares, compared to its average volume of 1,658. Ned Davis Research 360 Dynamic Allocation ETF has a 12 month low of $20.76 and a 12 month high of $24.65. The firm has a market cap of $4.68 million, a price-to-earnings ratio of 18.42 and a beta of 0.71. The firm has a 50 day moving average of $23.83 and a 200-day moving average of $23.17.

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.