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

SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 54,728 shares, an increase of 436.0% from the January 15th total of 10,210 shares. Based on an average trading volume of 28,686 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.7% of the shares of the stock are short sold. Approximately 0.7% of the shares of the stock are short sold. Based on an average trading volume of 28,686 shares, the days-to-cover ratio is currently 1.9 days.

SMI 3Fourteen Full-Cycle Trend ETF Stock Down 0.3%

Shares of SMI 3Fourteen Full-Cycle Trend ETF stock opened at $27.03 on Wednesday. SMI 3Fourteen Full-Cycle Trend ETF has a twelve month low of $21.55 and a twelve month high of $27.51. The business has a 50-day moving average price of $25.85 and a 200 day moving average price of $25.78. The firm has a market cap of $227.05 million, a PE ratio of 28.39 and a beta of 0.78.

SMI 3Fourteen Full-Cycle Trend ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 24th were paid a dividend of $0.0223 per share. This represents a $0.09 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, December 24th.

Institutional Investors 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 position 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 fund 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.