Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Update

Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,991 shares, an increase of 536.7% from the August 15th total of 1,098 shares. Currently, 3.7% of the company’s shares are sold short. Based on an average trading volume of 52,377 shares, the days-to-cover ratio is currently 0.1 days.

Ned Davis Research 360 Dynamic Allocation ETF Stock Up 0.7%

Shares of Ned Davis Research 360 Dynamic Allocation ETF stock traded up $0.18 during trading on Friday, reaching $24.23. The company’s stock had a trading volume of 375 shares, compared to its average volume of 6,329. Ned Davis Research 360 Dynamic Allocation ETF has a 52-week low of $21.20 and a 52-week high of $24.65. The firm’s 50-day moving average is $24.12 and its two-hundred day moving average is $23.43. The company has a market cap of $4.60 million, a price-to-earnings ratio of 18.42 and a beta of 0.71.

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.