Short Interest in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Rises By 264.9%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 242,441 shares, a growth of 264.9% from the April 15th total of 66,447 shares. Based on an average trading volume of 127,395 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.7% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp grew its holdings in shares of Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 11,010 shares of the company’s stock after acquiring an additional 2,352 shares during the period. Bank of New York Mellon Corp owned about 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 as of its most recent SEC filing.

Strategas Macro Thematic Opportunities ETF Stock Performance

Shares of SAMT stock opened at $45.74 on Thursday. The firm’s 50-day moving average is $41.22 and its 200-day moving average is $39.76. The stock has a market cap of $646.76 million, a price-to-earnings ratio of 22.03 and a beta of 0.84. Strategas Macro Thematic Opportunities ETF has a 52-week low of $31.19 and a 52-week high of $45.85.

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.