RAA Short Volume

SMI 3Fourteen REAL Asset Allocation ETF (RAA) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $608.2M, listed on NASDAQ, carrying a beta of 0.63 to the broader market. RAA launched to replace the external funds being held in a mutual fund that opened in 2013, which pursues the same investment strategy. public since 2014-07-14.

Short volume measures the number of shares sold short on a given day as reported by FINRA. Tracking short volume relative to total volume helps identify unusual bearish sentiment or short-squeeze potential.

Latest Date
2026-06-01
Short Volume
29.5K
Total Volume
74.4K
Short %
39.60%
30-Day Avg Short %
47.25%

Showing 30 days of FINRA short volume data for SMI 3Fourteen REAL Asset Allocation ETF.

Learn how short volume is reported and how to read the data →

Frequently asked RAA short volume questions

What is the daily RAA short volume?
As of Jun 1, 2026, SMI 3Fourteen REAL Asset Allocation ETF (RAA) short volume is 29.5K shares against 74.4K total reported volume, or 39.60% short-side. Short volume measures shares sold short during the day; it is flow, not inventory.
How is RAA short volume reported?
FINRA publishes the Daily Short Sale Volume File for trades reported to FINRA TRFs and the FINRA/Nasdaq ADF on a T+1 basis. The headline figure is the count of shares that printed at the short-sale or short-exempt tick across all reporting venues for the symbol; each exchange separately publishes its own daily short-sale data file.
What does RAA short volume tell options traders?
Daily short-sale flow is one input that helps disambiguate dealer-hedging activity from directional bear flow when the chain shows fresh customer call inventory. It is not a clean MM-only proxy: the headline number mixes directional shorting, options-MM delta-hedging, ETF-creation arbitrage, and convertible-arb hedging. Cross-check against gamma-exposure and OI changes for a cleaner read.