Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ:NDAA) Short Interest Up 536.7% in August

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

Ned Davis Research 360 Dynamic Allocation ETF Price Performance

Shares of Ned Davis Research 360 Dynamic Allocation ETF stock traded up $0.18 on Friday, hitting $24.23. 375 shares of the company’s stock traded hands, compared to its average volume of 6,329. The company has a fifty day moving average of $24.12 and a two-hundred day moving average of $23.43. Ned Davis Research 360 Dynamic Allocation ETF has a one year low of $21.20 and a one year high of $24.65. The company has a market capitalization of $4.60 million, a price-to-earnings ratio of 18.42 and a beta of 0.71.

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Ned Davis Research 360 Dynamic Allocation ETF Company Profile

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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.

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