Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Large Drop in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 2,337 shares, a drop of 73.6% from the September 30th total of 8,845 shares. Based on an average trading volume of 3,733 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Lazard Equity Megatrends ETF Price Performance

NASDAQ:THMZ opened at $33.96 on Wednesday. Lazard Equity Megatrends ETF has a twelve month low of $28.18 and a twelve month high of $36.13. The stock has a market cap of $54.34 million, a P/E ratio of 31.61 and a beta of 1.09. The firm’s fifty day simple moving average is $34.36 and its 200 day simple moving average is $32.94.

Lazard Equity Megatrends ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 18th were issued a $0.0564 dividend. The ex-dividend date of this dividend was Friday, September 18th. This represents a $0.23 annualized dividend and a yield of 0.7%. This is an increase from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.0368.

Institutional Trading of Lazard Equity Megatrends ETF

An institutional investor recently bought a new position in Lazard Equity Megatrends ETF stock. Integrated Wealth Concepts LLC acquired a new position in Lazard Equity Megatrends ETF (NASDAQ:THMZ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,979 shares of the company’s stock, valued at approximately $101,000. Integrated Wealth Concepts LLC owned approximately 0.19% of Lazard Equity Megatrends ETF as of its most recent SEC filing.

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.