Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Short Interest Update

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 37,254 shares, a drop of 53.6% from the July 30th total of 80,261 shares. Based on an average trading volume of 83,330 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the shares of the company are sold short.

Strategas Macro Thematic Opportunities ETF Stock Performance

Shares of SAMT stock traded down $0.39 during mid-day trading on Friday, reaching $42.82. 459,093 shares of the company’s stock traded hands, compared to its average volume of 138,641. Strategas Macro Thematic Opportunities ETF has a 12 month low of $34.11 and a 12 month high of $47.86. The firm has a 50 day moving average price of $44.17 and a two-hundred day moving average price of $42.88. The firm has a market capitalization of $855.12 million, a PE ratio of 22.03 and a beta of 0.85.

Institutional Trading of Strategas Macro Thematic Opportunities ETF

Hedge funds have recently bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA purchased a new stake in Strategas Macro Thematic Opportunities ETF in the second quarter worth about $1,049,000. Worth Asset Management LLC bought a new position in shares of Strategas Macro Thematic Opportunities ETF in the second quarter worth about $283,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Strategas Macro Thematic Opportunities ETF by 27.2% in the first quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after buying an additional 2,352 shares during the period.

About Strategas Macro Thematic Opportunities ETF

The Strategas Macro Thematic Opportunities ETF (SAMT) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund of US stocks that seeks to outperform the broader market by providing exposure to multiple macro-thematic market trends. SAMT was launched on Jan 24, 2022 and is managed by Strategas.