Short Interest in SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) Increases By 79.8%

SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 39,136 shares, a growth of 79.8% from the June 30th total of 21,767 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 70,663 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On SMI 3Fourteen REAL Asset Allocation ETF

An institutional investor recently raised its position in SMI 3Fourteen REAL Asset Allocation ETF stock. EverSource Wealth Advisors LLC lifted its position in shares of SMI 3Fourteen REAL Asset Allocation ETF (NASDAQ:RAA) by 7.7% during the fourth quarter, according to the company in its most recent Form 13F filing 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 1.69% of SMI 3Fourteen REAL Asset Allocation ETF worth $10,003,000 at the end of the most recent reporting period.

SMI 3Fourteen REAL Asset Allocation ETF Trading Up 0.8%

Shares of NASDAQ:RAA traded up $0.24 during mid-day trading on Thursday, reaching $29.33. The stock had a trading volume of 3,371 shares, compared to its average volume of 54,334. The firm has a market cap of $593.93 million, a PE ratio of 25.16 and a beta of 0.64. The firm has a 50 day simple moving average of $29.68 and a two-hundred day simple moving average of $28.96. SMI 3Fourteen REAL Asset Allocation ETF has a twelve month low of $25.63 and a twelve month high of $30.63.

SMI 3Fourteen REAL Asset Allocation ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Wednesday, June 17th were paid a $0.0989 dividend. The ex-dividend date of this dividend was Wednesday, June 17th. This is a boost from SMI 3Fourteen REAL Asset Allocation ETF’s previous dividend of $0.05.

About SMI 3Fourteen REAL Asset Allocation ETF

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.