SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Short Interest Update

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 3,571 shares, a decrease of 50.7% from the May 31st total of 7,239 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 19,728 shares, the days-to-cover ratio is currently 0.2 days.

SMI 3Fourteen Full-Cycle Trend ETF Trading Down 0.4%

FCTE stock traded down $0.13 during trading on Thursday, reaching $28.94. 19,355 shares of the stock were exchanged, compared to its average volume of 27,424. The firm’s 50 day moving average is $27.34 and its 200 day moving average is $26.47. The firm has a market cap of $245.99 million, a P/E ratio of 28.39 and a beta of 0.83. SMI 3Fourteen Full-Cycle Trend ETF has a twelve month low of $23.89 and a twelve month high of $29.73.

Hedge Funds Weigh In On 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. purchased a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 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.