Short Interest in Lazard Equity Megatrends ETF (NASDAQ:THMZ) Drops By 23.0%

Lazard Equity Megatrends ETF (NASDAQ:THMZ) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 3,226 shares, a drop of 23.0% from the November 30th total of 4,191 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 4,162 shares, the days-to-cover ratio is currently 0.8 days. Based on an average trading volume of 4,162 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

Several institutional investors and hedge funds have recently modified their holdings of THMZ. Susquehanna International Group LLP boosted its position in Lazard Equity Megatrends ETF by 6.6% during the third quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after purchasing an additional 1,055 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Lazard Equity Megatrends ETF during the 3rd quarter worth approximately $896,000. Finally, Lazard Asset Management LLC purchased a new position in shares of Lazard Equity Megatrends ETF during the 2nd quarter valued at approximately $35,389,000.

Lazard Equity Megatrends ETF Stock Up 0.2%

Shares of NASDAQ:THMZ traded up $0.07 during trading on Tuesday, hitting $32.94. 2,936 shares of the stock traded hands, compared to its average volume of 695. The company has a fifty day moving average price of $32.41 and a two-hundred day moving average price of $31.42. Lazard Equity Megatrends ETF has a 52-week low of $24.39 and a 52-week high of $36.13. The company has a market cap of $41.83 million, a price-to-earnings ratio of 31.61 and a beta of 1.24.

Lazard Equity Megatrends ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 19th were given a $0.004 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.0%.

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.