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

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 356 shares, a drop of 86.6% from the December 15th total of 2,647 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 2,072 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 2,072 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Strategas Macro Momentum ETF Stock Performance

Shares of NYSEARCA SAMM traded down $0.04 during midday trading on Tuesday, hitting $31.15. 2,502 shares of the company’s stock traded hands, compared to its average volume of 2,488. The firm has a fifty day moving average of $30.17 and a 200 day moving average of $28.87. Strategas Macro Momentum ETF has a 1 year low of $21.88 and a 1 year high of $31.36. The stock has a market capitalization of $21.49 million, a price-to-earnings ratio of 22.18 and a beta of 1.22.

Strategas Macro Momentum ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.3106 per share. This represents a yield of 102.0%. The ex-dividend date was Tuesday, December 30th.

About Strategas Macro Momentum ETF

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.