Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Sees Significant Drop in Short Interest

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 45,840 shares, a decrease of 33.5% from the September 30th total of 68,958 shares. Based on an average daily volume of 159,345 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Strategas Macro Thematic Opportunities ETF

Large investors have recently added to or reduced their stakes in the stock. Beaumont Financial Advisors LLC boosted its stake in shares of Strategas Macro Thematic Opportunities ETF by 3.2% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 842,555 shares of the company’s stock worth $35,118,000 after buying an additional 26,109 shares during the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in Strategas Macro Thematic Opportunities ETF during the second quarter valued at approximately $1,049,000. Worth Asset Management LLC purchased a new stake in shares of Strategas Macro Thematic Opportunities ETF in the 2nd quarter worth $283,000. Finally, Bank of New York Mellon Corp raised its stake in shares of Strategas Macro Thematic Opportunities ETF by 27.2% in the first quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after buying an additional 2,352 shares during the period.

Strategas Macro Thematic Opportunities ETF Price Performance

NYSEARCA SAMT traded up $0.09 during mid-day trading on Tuesday, reaching $40.89. The stock had a trading volume of 46,078 shares, compared to its average volume of 147,055. Strategas Macro Thematic Opportunities ETF has a 1 year low of $35.66 and a 1 year high of $47.86. The stock has a market cap of $781.41 million, a PE ratio of 22.03 and a beta of 0.85. The company has a fifty day moving average price of $42.03 and a 200 day moving average price of $42.46.

About Strategas Macro Thematic Opportunities ETF

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.