Sarmaya Thematic ETF (BATS:LENS) Sees Significant Drop in Short Interest

Sarmaya Thematic ETF (BATS:LENS) was the target of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 1,255 shares, a drop of 40.2% from the April 15th total of 2,097 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.7% of the company’s shares are short sold.

Sarmaya Thematic ETF Stock Down 2.8%

LENS stock opened at $44.72 on Friday. Sarmaya Thematic ETF has a 52-week low of $25.94 and a 52-week high of $50.84. The stock’s fifty day simple moving average is $45.55 and its 200-day simple moving average is $42.50. The stock has a market capitalization of $7.60 million and a price-to-earnings ratio of 15.25.

Sarmaya Thematic ETF Company Profile

The Sarmaya Thematic ETF (LENS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks and ETPs deemed to reflect the market themes identified by the adviser. The fund uses proprietary, fundamental analysis in its selection process. LENS was launched on Jan 28, 2025 and is issued by Sarmaya Partners.