Short Interest in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Declines By 69.6%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 11,321 shares, a drop of 69.6% from the August 15th total of 37,254 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 171,058 shares, the days-to-cover ratio is currently 0.1 days.

Strategas Macro Thematic Opportunities ETF Stock Up 0.4%

Shares of NYSEARCA SAMT traded up $0.17 during trading on Friday, hitting $41.71. 80,751 shares of the company traded hands, compared to its average volume of 143,859. Strategas Macro Thematic Opportunities ETF has a 1 year low of $35.66 and a 1 year high of $47.86. The company has a 50-day moving average price of $43.43 and a 200-day moving average price of $43.12. The firm has a market capitalization of $832.95 million, a P/E ratio of 22.03 and a beta of 0.85.

Institutional Investors Weigh In On Strategas Macro Thematic Opportunities ETF

A number of institutional investors have recently added to or reduced their stakes in SAMT. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Strategas Macro Thematic Opportunities ETF in the 2nd quarter worth about $1,049,000. Worth Asset Management LLC acquired a new position in shares of Strategas Macro Thematic Opportunities ETF in the 2nd quarter valued at about $283,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of Strategas Macro Thematic Opportunities ETF by 27.2% during 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.

About Strategas Macro Thematic Opportunities ETF

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.