Short Interest in Lazard Equity Megatrends ETF (NASDAQ:THMZ) Declines By 15.7%

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 3,366 shares, a drop of 15.7% from the March 15th total of 3,993 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 6,561 shares, the days-to-cover ratio is currently 0.5 days.

Lazard Equity Megatrends ETF Trading Up 1.7%

Shares of NASDAQ THMZ opened at $32.61 on Friday. The stock has a market capitalization of $51.52 million, a PE ratio of 31.61 and a beta of 1.40. The stock’s fifty day simple moving average is $30.77 and its two-hundred day simple moving average is $31.88. Lazard Equity Megatrends ETF has a 12-month low of $25.48 and a 12-month high of $36.13.

Lazard Equity Megatrends ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 20th were given a dividend of $0.0381 per share. This is a boost from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00. The ex-dividend date of this dividend was Friday, March 20th. This represents a $0.15 annualized dividend and a yield of 0.5%.

Institutional Trading of Lazard Equity Megatrends ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP boosted its position in Lazard Equity Megatrends ETF by 6.6% during the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock valued at $540,000 after acquiring an additional 1,055 shares in the last quarter. Comerica Bank bought a new stake in Lazard Equity Megatrends ETF during the 4th quarter valued at $40,000. Robertson Stephens Wealth Management LLC bought a new stake in Lazard Equity Megatrends ETF during the 4th quarter valued at $216,000. Jane Street Group LLC bought a new stake in Lazard Equity Megatrends ETF during the 4th quarter valued at $258,000. Finally, Raymond James Financial Inc. bought a new stake in Lazard Equity Megatrends ETF during the 3rd quarter valued at $896,000.

About Lazard Equity Megatrends ETF

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.