Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Sees Large Decline in Short Interest

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 22,160 shares, a decline of 51.7% from the October 15th total of 45,840 shares. Based on an average daily trading volume, of 187,880 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Beaumont Financial Advisors LLC grew its position in Strategas Macro Thematic Opportunities ETF by 3.2% during the third quarter. Beaumont Financial Advisors LLC now owns 842,555 shares of the company’s stock valued at $35,118,000 after acquiring an additional 26,109 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new stake in Strategas Macro Thematic Opportunities ETF during the second quarter worth about $1,049,000. Bank of New York Mellon Corp raised its holdings in shares of Strategas Macro Thematic Opportunities ETF by 27.2% in the 1st quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after purchasing an additional 2,352 shares during the period. Finally, Worth Asset Management LLC purchased a new position in shares of Strategas Macro Thematic Opportunities ETF in the 2nd quarter worth about $283,000.

Strategas Macro Thematic Opportunities ETF Stock Up 0.1%

Shares of SAMT stock traded up $0.05 on Friday, reaching $40.54. 311,330 shares of the stock were exchanged, compared to its average volume of 148,702. The stock has a market cap of $766.61 million, a P/E ratio of 27.30 and a beta of 0.85. The firm has a 50 day moving average of $41.59 and a two-hundred day moving average of $42.42. Strategas Macro Thematic Opportunities ETF has a 1-year low of $35.66 and a 1-year high of $47.86.

Strategas Macro Thematic Opportunities ETF Company Profile

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.