SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Up 119.4% in May

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAAGet Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 63,765 shares, an increase of 119.4% from the May 14th total of 29,060 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 38,315 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Investors Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC increased its position in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAAFree Report) by 13.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 337,882 shares of the company’s stock after acquiring an additional 40,863 shares during the period. EverSource Wealth Advisors LLC owned about 1.62% of SMI 3Fourteen REAL Asset Allocation ETF worth $9,168,000 at the end of the most recent reporting period.

SMI 3Fourteen REAL Asset Allocation ETF Stock Up 0.3%

Shares of RAA stock traded up $0.09 during trading hours on Friday, reaching $29.88. The company’s stock had a trading volume of 46,752 shares, compared to its average volume of 55,608. The firm’s 50 day simple moving average is $29.51 and its 200-day simple moving average is $28.55. The company has a market capitalization of $613.14 million, a price-to-earnings ratio of 25.16 and a beta of 0.62. SMI 3Fourteen REAL Asset Allocation ETF has a fifty-two week low of $25.05 and a fifty-two week high of $30.63.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 18th were given a dividend of $0.0537 per share. The ex-dividend date was Wednesday, March 18th.

About SMI 3Fourteen REAL Asset Allocation ETF

(Get Free Report)

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.

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