Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Down 67.4% in July

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 873 shares, a decrease of 67.4% from the June 30th total of 2,682 shares. Based on an average daily volume of 1,802 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Lazard Equity Megatrends ETF Trading Up 0.2%

THMZ opened at $33.07 on Friday. The company has a market cap of $52.91 million, a price-to-earnings ratio of 31.61 and a beta of 1.11. The company’s 50 day moving average is $33.34 and its 200 day moving average is $32.26. Lazard Equity Megatrends ETF has a 12-month low of $28.18 and a 12-month high of $36.13.

Lazard Equity Megatrends ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Thursday, June 18th were given a $0.0368 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.15 annualized dividend and a yield of 0.4%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Lazard Asset Management LLC purchased a new stake in shares of Lazard Equity Megatrends ETF in the 2nd quarter worth $35,389,000. Raymond James Financial Inc. purchased a new position in Lazard Equity Megatrends ETF during the third quarter valued at $896,000. Jane Street Group LLC bought a new stake in Lazard Equity Megatrends ETF during the fourth quarter valued at about $258,000. Robertson Stephens Wealth Management LLC bought a new stake in Lazard Equity Megatrends ETF during the fourth quarter valued at about $216,000. Finally, Fifth Third Bancorp bought a new stake in Lazard Equity Megatrends ETF during the first quarter valued at about $58,000.

About Lazard Equity Megatrends ETF

The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future. THMZ was launched on Apr 4, 2025 and is issued by Lazard.