Strategas Macro Momentum ETF (NYSEARCA:SAMM) Shares Shorted: Short Interest Down 43.8% in September

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9,061 shares, a decrease of 43.8% from the August 31st total of 16,128 shares. Based on an average daily trading volume, of 9,655 shares, the short-interest ratio is presently 0.9 days. Approximately 0.9% of the shares of the company are sold short.

Strategas Macro Momentum ETF Trading Up 0.1%

Shares of SAMM traded up $0.03 during mid-day trading on Wednesday, hitting $35.37. 1,742 shares of the company’s stock were exchanged, compared to its average volume of 4,373. Strategas Macro Momentum ETF has a fifty-two week low of $28.35 and a fifty-two week high of $35.63. The business’s 50 day moving average is $32.72 and its two-hundred day moving average is $31.95. The firm has a market capitalization of $35.72 million, a P/E ratio of 22.18 and a beta of 0.98.

Strategas Macro Momentum ETF Company Profile

The Strategas Macro Momentum ETF (SAMM) is an exchange-traded fund that mostly invests in total market equity. The fund primarily invests in 20-50 US equities selected through a tactical, macro momentum approach that looks for strong technical, momentum, and relative strength characteristics. The actively managed fund aims for a more defensive posture when the indicators turn negative. SAMM was launched on Apr 3, 2024 and is issued by Strategas.