SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Up 79.8% in July

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 39,136 shares, a growth of 79.8% from the June 30th total of 21,767 shares. Based on an average daily volume of 70,663 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

Shares of RAA stock opened at $29.44 on Friday. The company has a market cap of $596.16 million, a price-to-earnings ratio of 25.16 and a beta of 0.64. The stock has a 50 day simple moving average of $29.67 and a 200-day simple moving average of $28.97. SMI 3Fourteen REAL Asset Allocation ETF has a 12-month low of $25.63 and a 12-month high of $30.63.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Wednesday, June 17th were issued a dividend of $0.0989 per share. This is a boost from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Wednesday, June 17th.

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

A hedge fund recently raised its position 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 37.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 499,446 shares of the company’s stock after purchasing an additional 135,580 shares during the period. EverSource Wealth Advisors LLC owned approximately 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent reporting period.

SMI 3Fourteen REAL Asset Allocation ETF Company Profile

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.