Short Interest in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Declines By 78.5%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 23,804 shares, a drop of 78.5% from the May 31st total of 110,866 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 278,775 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Strategas Macro Thematic Opportunities ETF

A hedge fund recently raised its stake in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp increased its position in shares of Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,010 shares of the company’s stock after buying an additional 2,352 shares during the period. Bank of New York Mellon Corp owned about 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 at the end of the most recent quarter.

Strategas Macro Thematic Opportunities ETF Trading Up 2.6%

Shares of NYSEARCA SAMT traded up $1.20 during trading hours on Monday, reaching $46.76. The stock had a trading volume of 251,116 shares, compared to its average volume of 144,227. The firm has a market cap of $661.19 million, a price-to-earnings ratio of 22.03 and a beta of 0.85. The business’s fifty day moving average price is $44.78 and its two-hundred day moving average price is $41.57. Strategas Macro Thematic Opportunities ETF has a 52-week low of $33.53 and a 52-week high of $46.84.

Strategas Macro Thematic Opportunities ETF Company Profile

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.