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

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 46,429 shares, an increase of 167.3% from the September 15th total of 17,372 shares. Based on an average daily volume of 34,463 shares, the short-interest ratio is presently 1.3 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC boosted its position in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 499,446 shares of the company’s stock after buying an additional 135,580 shares during the quarter. EverSource Wealth Advisors LLC owned 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent quarter.

SMI 3Fourteen REAL Asset Allocation ETF Stock Down 0.9%

RAA traded down $0.26 during trading on Wednesday, reaching $30.11. The stock had a trading volume of 23,231 shares, compared to its average volume of 50,950. The firm has a market capitalization of $611.21 million, a price-to-earnings ratio of 25.16 and a beta of 0.66. SMI 3Fourteen REAL Asset Allocation ETF has a 1-year low of $26.68 and a 1-year high of $30.74. The stock has a 50 day moving average of $30.27 and a two-hundred day moving average of $29.70.

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.