SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Sees Large Increase in Short Interest

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 10,210 shares, a growth of 60.5% from the December 31st total of 6,362 shares. Based on an average daily volume of 61,871 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 61,871 shares, the short-interest ratio is currently 0.2 days.

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. Flow Traders U.S. LLC bought a new stake in shares of SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTEFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 24,212 shares of the company’s stock, valued at approximately $644,000. Flow Traders U.S. LLC owned 0.16% of SMI 3Fourteen Full-Cycle Trend ETF at the end of the most recent quarter.

SMI 3Fourteen Full-Cycle Trend ETF Stock Down 2.1%

Shares of FCTE stock traded down $0.57 on Friday, reaching $26.64. The stock had a trading volume of 32,743 shares, compared to its average volume of 45,257. The firm has a market capitalization of $223.78 million, a price-to-earnings ratio of 28.39 and a beta of 0.78. SMI 3Fourteen Full-Cycle Trend ETF has a 12 month low of $21.55 and a 12 month high of $27.51. The firm’s 50-day moving average is $25.58 and its two-hundred day moving average is $25.75.

SMI 3Fourteen Full-Cycle Trend ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Wednesday, December 24th were given a dividend of $0.0223 per share. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Wednesday, December 24th.

About SMI 3Fourteen Full-Cycle Trend ETF

(Get Free Report)

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.

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