Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Up 150.4% in July

Strategas Macro Momentum ETF (NYSEARCA:SAMM) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 18,388 shares, a growth of 150.4% from the July 15th total of 7,343 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,667 shares, the short-interest ratio is presently 5.0 days.

Strategas Macro Momentum ETF Price Performance

Shares of SAMM opened at $32.41 on Friday. The firm has a market cap of $31.76 million, a P/E ratio of 22.18 and a beta of 0.97. Strategas Macro Momentum ETF has a 1 year low of $26.74 and a 1 year high of $34.15. The company has a 50 day simple moving average of $31.69 and a two-hundred day simple moving average of $31.34.

About Strategas Macro Momentum ETF

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.