Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Drops By 85.5%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 4,221 shares, a decrease of 85.5% from the August 15th total of 29,128 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 29,176 shares, the days-to-cover ratio is presently 0.1 days.

SMI 3Fourteen REAL Asset Allocation ETF Trading Up 0.4%

RAA traded up $0.11 during trading on Friday, hitting $30.37. The company’s stock had a trading volume of 67,138 shares, compared to its average volume of 51,596. The firm has a market capitalization of $627.16 million, a price-to-earnings ratio of 25.16 and a beta of 0.65. The business’s fifty day simple moving average is $29.92 and its 200 day simple moving average is $29.37. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $26.68 and a twelve month high of $30.74.

Hedge Funds 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 raised its stake in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 363,866 shares of the company’s stock after purchasing an additional 25,984 shares during the period. EverSource Wealth Advisors LLC owned 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 at the end of the most recent quarter.

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.