Short Interest in Strategas Macro Momentum ETF (NYSEARCA:SAMM) Drops By 81.6%

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,706 shares, a decrease of 81.6% from the April 15th total of 9,256 shares. Based on an average daily volume of 1,775 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the shares of the company are sold short.

Strategas Macro Momentum ETF Stock Performance

NYSEARCA SAMM traded up $0.18 on Thursday, hitting $32.33. 3,760 shares of the stock traded hands, compared to its average volume of 4,419. The business’s fifty day moving average is $30.81 and its two-hundred day moving average is $30.61. Strategas Macro Momentum ETF has a 12 month low of $25.58 and a 12 month high of $32.39. The firm has a market capitalization of $28.77 million, a price-to-earnings ratio of 22.18 and a beta of 0.91.

Strategas Macro Momentum ETF Company Profile

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.