Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Update

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 9,061 shares, a drop of 43.8% from the August 31st total of 16,128 shares. Based on an average trading volume of 9,655 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.9% of the company’s stock are sold short.

Strategas Macro Momentum ETF Stock Up 0.9%

Shares of Strategas Macro Momentum ETF stock traded up $0.32 on Friday, reaching $36.02. The stock had a trading volume of 7,084 shares, compared to its average volume of 4,387. The stock has a market capitalization of $45.38 million, a P/E ratio of 22.18 and a beta of 0.92. The company has a 50 day moving average price of $32.88 and a 200 day moving average price of $32.04. Strategas Macro Momentum ETF has a 1 year low of $28.35 and a 1 year high of $35.72.

Strategas Macro Momentum ETF Company Profile

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.