Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Rises By 79.8%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 39,136 shares, an increase of 79.8% from the June 30th total of 21,767 shares. Based on an average trading volume of 70,663 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

A hedge fund recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC raised its holdings in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 37.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 499,446 shares of the company’s stock after purchasing an additional 135,580 shares during the period. EverSource Wealth Advisors LLC owned approximately 2.43% of SMI 3Fourteen REAL Asset Allocation ETF worth $13,790,000 at the end of the most recent quarter.

SMI 3Fourteen REAL Asset Allocation ETF Stock Performance

Shares of SMI 3Fourteen REAL Asset Allocation ETF stock opened at $29.43 on Friday. The stock’s 50-day simple moving average is $29.66 and its 200 day simple moving average is $28.97. The stock has a market capitalization of $595.96 million, a P/E ratio of 25.16 and a beta of 0.64. SMI 3Fourteen REAL Asset Allocation ETF has a 52-week low of $25.63 and a 52-week high of $30.63.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Wednesday, June 17th were issued a $0.0989 dividend. The ex-dividend date was Wednesday, June 17th. This is an increase from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05.

SMI 3Fourteen REAL Asset Allocation ETF Company Profile

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.