Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Short Interest Down 75.3% in May

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 59,867 shares, a decrease of 75.3% from the April 30th total of 242,441 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 212,191 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Strategas Macro Thematic Opportunities ETF

An institutional investor recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp boosted its holdings in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,010 shares of the company’s stock after acquiring an additional 2,352 shares during the period. Bank of New York Mellon Corp owned 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 as of its most recent filing with the Securities and Exchange Commission.

Strategas Macro Thematic Opportunities ETF Stock Performance

NYSEARCA SAMT traded down $0.46 during trading hours on Friday, reaching $45.93. The company’s stock had a trading volume of 270,779 shares, compared to its average volume of 128,308. The stock has a market cap of $649.45 million, a PE ratio of 22.03 and a beta of 0.84. Strategas Macro Thematic Opportunities ETF has a fifty-two week low of $31.99 and a fifty-two week high of $46.64. The company’s 50-day moving average is $42.66 and its two-hundred day moving average is $40.39.

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.