Short Interest in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) Rises By 5,496.4%

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 3,134 shares, an increase of 5,496.4% from the March 31st total of 56 shares. Based on an average daily volume of 25,903 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

SMI 3Fourteen Full-Cycle Trend ETF Trading Up 0.5%

SMI 3Fourteen Full-Cycle Trend ETF stock opened at $27.55 on Friday. SMI 3Fourteen Full-Cycle Trend ETF has a 12 month low of $23.89 and a 12 month high of $27.68. The business’s 50 day simple moving average is $26.09 and its 200 day simple moving average is $25.74. The company has a market cap of $234.18 million, a price-to-earnings ratio of 28.39 and a beta of 0.80.

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. acquired a new stake in SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,862 shares of the company’s stock, valued at approximately $50,000.

SMI 3Fourteen Full-Cycle Trend ETF Company Profile

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.