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 decline in short interest in June. As of June 15th, there was short interest totaling 3,571 shares, a decline of 50.7% from the May 31st total of 7,239 shares. Based on an average daily trading volume, of 19,728 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of SMI 3Fourteen Full-Cycle Trend ETF

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

SMI 3Fourteen Full-Cycle Trend ETF Stock Performance

FCTE traded up $0.23 on Tuesday, hitting $29.17. 7,042 shares of the company were exchanged, compared to its average volume of 27,179. The stock’s fifty day moving average is $27.27 and its 200-day moving average is $26.41. SMI 3Fourteen Full-Cycle Trend ETF has a 12 month low of $23.89 and a 12 month high of $29.24. The company has a market cap of $247.94 million, a PE ratio of 28.39 and a beta of 0.83.

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.