Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Update

Strategas Macro Momentum ETF (NYSEARCA:SAMM) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,219 shares, a decrease of 23.5% from the February 26th total of 5,513 shares. Based on an average daily trading volume, of 9,724 shares, the short-interest ratio is presently 0.4 days. Currently, 0.6% of the company’s shares are short sold.

Strategas Macro Momentum ETF Stock Down 0.6%

NYSEARCA SAMM opened at $29.60 on Friday. The company has a fifty day moving average of $30.57 and a two-hundred day moving average of $30.09. The firm has a market capitalization of $22.20 million, a price-to-earnings ratio of 22.18 and a beta of 1.22. Strategas Macro Momentum ETF has a 52 week low of $21.88 and a 52 week high of $31.68.

Strategas Macro Momentum ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a $0.3106 dividend. This represents a dividend yield of 102.0%. The ex-dividend date was Tuesday, December 30th.

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.