Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Stock Short Interest Falls 49.9%

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 3,502 shares, a decline of 49.9% from the August 31st total of 6,991 shares. Based on an average daily volume of 27,141 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Ned Davis Research 360 Dynamic Allocation ETF Stock Up 0.0%

Shares of Ned Davis Research 360 Dynamic Allocation ETF stock traded up $0.01 during mid-day trading on Thursday, hitting $23.90. The stock had a trading volume of 116,672 shares, compared to its average volume of 6,624. The firm has a 50-day moving average of $24.19 and a two-hundred day moving average of $23.59. Ned Davis Research 360 Dynamic Allocation ETF has a 12-month low of $21.20 and a 12-month high of $24.65. The firm has a market cap of $190.73 million, a P/E ratio of 18.42 and a beta of 0.71.

About Ned Davis Research 360 Dynamic Allocation ETF

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, multi-asset fund-of-funds that uses its proprietary 360 approach in setting investment allocations for long-term capital appreciation. Portfolio exposure includes equity, fixed income, and commodity asset classes. NDAA was launched on Oct 17, 2024 and is issued by Ned Davis Research.