Short Interest in Lazard Equity Megatrends ETF (NASDAQ:THMZ) Declines By 97.9%

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 586 shares, a decline of 97.9% from the July 30th total of 27,341 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,242 shares, the short-interest ratio is presently 0.5 days.

Lazard Equity Megatrends ETF Stock Performance

Shares of NASDAQ THMZ traded up $0.22 during trading on Tuesday, hitting $34.78. The company had a trading volume of 486 shares, compared to its average volume of 4,238. The company has a market cap of $55.65 million, a P/E ratio of 31.61 and a beta of 1.10. Lazard Equity Megatrends ETF has a 52 week low of $28.18 and a 52 week high of $36.13. The business’s 50-day moving average is $33.91 and its 200 day moving average is $32.50.

Lazard Equity Megatrends ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Investors of record on Thursday, June 18th were given a $0.0368 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 18th.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THMZ. Fifth Third Bancorp purchased a new position in Lazard Equity Megatrends ETF during the 1st quarter worth approximately $58,000. Jane Street Group LLC purchased a new stake in shares of Lazard Equity Megatrends ETF in the fourth quarter valued at $258,000. Robertson Stephens Wealth Management LLC purchased a new stake in shares of Lazard Equity Megatrends ETF in the fourth quarter valued at $216,000. Comerica Bank acquired a new stake in shares of Lazard Equity Megatrends ETF in the fourth quarter worth $40,000. Finally, Susquehanna International Group LLP boosted its position in shares of Lazard Equity Megatrends ETF by 6.6% in the third quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after buying an additional 1,055 shares during the period.

Lazard Equity Megatrends ETF Company Profile

The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future. THMZ was launched on Apr 4, 2025 and is issued by Lazard.