Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Declines By 44.6%

Posted by Doug Wharley on May 16th, 2026

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA – Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 18,463 shares, a decrease of 44.6% from the April 15th total of 33,321 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 40,249 shares, the days-to-cover ratio is presently 0.5 days.

SMI 3Fourteen REAL Asset Allocation ETF Stock Down 1.5%

RAA traded down $0.44 on Friday, reaching $29.88. The company’s stock had a trading volume of 30,052 shares, compared to its average volume of 55,565. The stock has a 50 day moving average of $28.61 and a two-hundred day moving average of $28.18. The company has a market capitalization of $613.14 million, a price-to-earnings ratio of 25.16 and a beta of 0.63. SMI 3Fourteen REAL Asset Allocation ETF has a fifty-two week low of $24.31 and a fifty-two week high of $30.38.

SMI 3Fourteen REAL Asset Allocation ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, March 18th were issued a $0.0537 dividend. The ex-dividend date of this dividend was Wednesday, March 18th.

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

A hedge fund recently raised its stake in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC boosted its holdings in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA – Free Report) by 7.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 363,866 shares of the company’s stock after purchasing an additional 25,984 shares during the quarter. EverSource Wealth Advisors LLC owned about 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 as of its most recent SEC filing.

About SMI 3Fourteen REAL Asset Allocation ETF

(Get Free Report)

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.