Short Interest in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Drops By 78.5%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 23,804 shares, a decline of 78.5% from the May 31st total of 110,866 shares. Based on an average daily trading volume, of 278,775 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are sold short.

Strategas Macro Thematic Opportunities ETF Price Performance

NYSEARCA:SAMT traded up $0.13 during midday trading on Friday, reaching $45.56. The stock had a trading volume of 112,806 shares, compared to its average volume of 144,817. The stock has a market capitalization of $644.22 million, a P/E ratio of 22.03 and a beta of 0.85. The firm’s fifty day simple moving average is $44.78 and its 200-day simple moving average is $41.54. Strategas Macro Thematic Opportunities ETF has a 1-year low of $33.53 and a 1-year high of $46.84.

Institutional Trading of Strategas Macro Thematic Opportunities ETF

A hedge fund recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp increased its holdings in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,010 shares of the company’s stock after buying 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 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.