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 growth in short interest during the month of October. As of October 15th, there was short interest totaling 23,000 shares, a growth of 1,816.7% from the September 30th total of 1,200 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 106,200 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 106,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

SMI 3Fourteen Full-Cycle Trend ETF Stock Up 0.0%

Shares of NASDAQ FCTE opened at $25.75 on Tuesday. The firm has a market capitalization of $293.55 million and a P/E ratio of 28.39. The stock’s 50-day simple moving average is $26.20 and its two-hundred day simple moving average is $26.00. SMI 3Fourteen Full-Cycle Trend ETF has a twelve month low of $21.55 and a twelve month high of $27.74.

Hedge Funds Weigh In On SMI 3Fourteen Full-Cycle Trend ETF

A hedge fund recently raised its stake in SMI 3Fourteen Full-Cycle Trend ETF stock. Ancora Advisors LLC grew its position in shares of SMI 3Fourteen Full-Cycle Trend ETF (NASDAQ:FCTE) by 333.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,000 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Ancora Advisors LLC owned approximately 0.08% of SMI 3Fourteen Full-Cycle Trend ETF worth $326,000 as of its most recent SEC filing.

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.