Short Interest in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Grows By 436.0%

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEGet Free Report) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 54,728 shares, an increase of 436.0% from the January 15th total of 10,210 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily volume of 28,686 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 28,686 shares, the short-interest ratio is presently 1.9 days. Approximately 0.7% of the company’s stock are sold short.

SMI 3Fourteen Full-Cycle Trend ETF Stock Performance

NASDAQ:FCTE opened at $26.54 on Friday. The firm has a market cap of $222.94 million, a P/E ratio of 28.39 and a beta of 0.78. SMI 3Fourteen Full-Cycle Trend ETF has a fifty-two week low of $21.55 and a fifty-two week high of $27.51. The firm has a 50-day simple moving average of $25.91 and a two-hundred day simple moving average of $25.79.

SMI 3Fourteen Full-Cycle Trend ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were given a dividend of $0.0223 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This represents a $0.09 annualized dividend and a dividend yield of 0.3%.

Hedge Funds Weigh In On SMI 3Fourteen Full-Cycle Trend ETF

A hedge fund recently bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF stock. Flow Traders U.S. LLC acquired a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEFree Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,212 shares of the company’s stock, valued at approximately $644,000. Flow Traders U.S. LLC owned approximately 0.16% of SMI 3Fourteen Full-Cycle Trend ETF at the end of the most recent quarter.

About SMI 3Fourteen Full-Cycle Trend ETF

(Get Free Report)

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.

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