SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Update

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 4,920 shares, an increase of 507.4% from the April 30th total of 810 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 21,403 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On SMI 3Fourteen Full-Cycle Trend ETF

A hedge fund recently bought a new stake in SMI 3Fourteen Full-Cycle Trend ETF stock. JPMorgan Chase & Co. purchased a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,862 shares of the company’s stock, valued at approximately $50,000.

SMI 3Fourteen Full-Cycle Trend ETF Price Performance

Shares of FCTE stock opened at $26.89 on Friday. SMI 3Fourteen Full-Cycle Trend ETF has a 1-year low of $23.89 and a 1-year high of $27.68. The stock’s 50-day moving average is $26.32 and its 200 day moving average is $25.96. The company has a market cap of $228.57 million, a P/E ratio of 28.39 and a beta of 0.89.

SMI 3Fourteen Full-Cycle Trend ETF Company Profile

The SMI 3Fourteen Full-Cycle Trend ETF (FCTE) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of large-cap US stocks. Stock selection is based on a proprietary model that screens for quality metrics and trend factors. FCTE was launched on Jul 2, 2024 and is issued by SMI Funds.