Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Stock Short Interest Declines 59.3%

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 1,426 shares, a decrease of 59.3% from the September 15th total of 3,502 shares. Based on an average daily volume of 12,384 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Ned Davis Research 360 Dynamic Allocation ETF Price Performance

Shares of NDAA traded down $0.24 during trading hours on Wednesday, reaching $23.90. 337 shares of the company’s stock traded hands, compared to its average volume of 7,054. The firm has a market capitalization of $206.02 million, a price-to-earnings ratio of 18.42 and a beta of 0.72. Ned Davis Research 360 Dynamic Allocation ETF has a twelve month low of $21.20 and a twelve month high of $24.65. The business’s fifty day simple moving average is $24.25 and its two-hundred day simple moving average is $23.73.

About Ned Davis Research 360 Dynamic Allocation ETF

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed, multi-asset fund-of-funds that uses its proprietary 360 approach in setting investment allocations for long-term capital appreciation. Portfolio exposure includes equity, fixed income, and commodity asset classes. NDAA was launched on Oct 17, 2024 and is issued by Ned Davis Research.