Short Interest in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Increases By 83.5%

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 100,409 shares, a growth of 83.5% from the January 29th total of 54,728 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 55,273 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 55,273 shares, the short-interest ratio is presently 1.8 days. Approximately 1.2% of the company’s shares are short sold.

SMI 3Fourteen Full-Cycle Trend ETF Price Performance

NASDAQ FCTE traded up $0.02 on Friday, hitting $26.85. The stock had a trading volume of 16,203 shares, compared to its average volume of 41,098. SMI 3Fourteen Full-Cycle Trend ETF has a 52-week low of $21.55 and a 52-week high of $27.51. The business’s fifty day moving average price is $26.29 and its 200 day moving average price is $25.85. The stock has a market cap of $225.54 million, a price-to-earnings ratio of 28.39 and a beta of 0.78.

SMI 3Fourteen Full-Cycle Trend ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 24th were issued a $0.0223 dividend. This represents a $0.09 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, December 24th.

Institutional Trading of 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. acquired a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,862 shares of the company’s stock, valued at approximately $50,000.

About SMI 3Fourteen Full-Cycle Trend ETF

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.