Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Short Interest Up 63.8% in December

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 20,669 shares, a growth of 63.8% from the November 30th total of 12,618 shares. Based on an average trading volume of 52,815 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 52,815 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Strategas Macro Thematic Opportunities ETF

A hedge fund recently raised its stake in Strategas Macro Thematic Opportunities ETF stock. Beaumont Financial Advisors LLC raised its holdings in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 121.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,320,122 shares of the company’s stock after acquiring an additional 723,912 shares during the period. Strategas Macro Thematic Opportunities ETF makes up 3.3% of Beaumont Financial Advisors LLC’s investment portfolio, making the stock its 5th largest position. Beaumont Financial Advisors LLC owned about 24.77% of Strategas Macro Thematic Opportunities ETF worth $45,452,000 as of its most recent SEC filing.

Strategas Macro Thematic Opportunities ETF Price Performance

Shares of NYSEARCA:SAMT traded down $0.34 during trading on Friday, hitting $39.23. 12,581 shares of the company were exchanged, compared to its average volume of 43,787. Strategas Macro Thematic Opportunities ETF has a 52-week low of $26.13 and a 52-week high of $39.71. The stock has a 50 day moving average of $37.89 and a 200 day moving average of $36.36. The company has a market cap of $330.32 million, a PE ratio of 22.03 and a beta of 0.85.

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.