Short Interest in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Rises By 85.2%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 110,866 shares, an increase of 85.2% from the May 14th total of 59,867 shares. Based on an average daily trading volume, of 139,777 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On Strategas Macro Thematic Opportunities ETF

An institutional investor recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp grew its holdings in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,010 shares of the company’s stock after purchasing an additional 2,352 shares during the period. Bank of New York Mellon Corp owned approximately 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 at the end of the most recent quarter.

Strategas Macro Thematic Opportunities ETF Trading Up 1.6%

Shares of SAMT stock traded up $0.71 on Monday, hitting $46.16. 10,166 shares of the stock were exchanged, compared to its average volume of 136,178. Strategas Macro Thematic Opportunities ETF has a one year low of $32.78 and a one year high of $46.84. The firm’s 50 day moving average is $43.87 and its two-hundred day moving average is $41.00. The firm has a market capitalization of $652.70 million, a PE ratio of 22.03 and a beta of 0.85.

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.