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

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 16,042 shares, a growth of 447.5% from the December 15th total of 2,930 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 52,473 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 52,473 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC grew its stake in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 297,019 shares of the company’s stock after purchasing an additional 5,189 shares during the period. EverSource Wealth Advisors LLC owned approximately 1.53% of SMI 3Fourteen REAL Asset Allocation ETF worth $7,610,000 as of its most recent SEC filing.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

Shares of RAA stock opened at $28.15 on Thursday. SMI 3Fourteen REAL Asset Allocation ETF has a fifty-two week low of $21.93 and a fifty-two week high of $28.37. The firm has a market cap of $523.59 million, a P/E ratio of 25.16 and a beta of 0.86. The business’s 50 day moving average price is $27.66 and its 200-day moving average price is $26.99.

SMI 3Fourteen REAL Asset Allocation ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $0.3464 dividend. The ex-dividend date was Wednesday, December 24th.

About SMI 3Fourteen REAL Asset Allocation ETF

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.