SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Short Interest Update

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) was the recipient of a significant increase in short interest during the month of 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. Based on an average daily volume of 38,315 shares, the short-interest ratio is presently 1.7 days. Approximately 0.3% of the shares of the stock are short sold.

SMI 3Fourteen REAL Asset Allocation ETF Stock Up 0.3%

Shares of RAA stock opened at $29.88 on Friday. The business has a 50-day moving average price of $29.51 and a two-hundred day moving average price of $28.54. SMI 3Fourteen REAL Asset Allocation ETF has a 12-month low of $25.05 and a 12-month high of $30.63. The firm has a market cap of $613.14 million, a P/E ratio of 25.16 and a beta of 0.62.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

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

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

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC grew its position in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 13.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 337,882 shares of the company’s stock after purchasing 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.

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.