Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Update

Lazard Equity Megatrends ETF (NASDAQ:THMZ) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 27,341 shares, an increase of 3,031.8% from the July 15th total of 873 shares. Based on an average daily volume of 1,898 shares, the short-interest ratio is presently 14.4 days. Currently, 1.7% of the shares of the company are sold short.

Lazard Equity Megatrends ETF Stock Performance

Shares of THMZ opened at $35.01 on Wednesday. Lazard Equity Megatrends ETF has a fifty-two week low of $28.18 and a fifty-two week high of $36.13. The business has a 50-day moving average of $33.57 and a 200 day moving average of $32.35. The firm has a market cap of $56.02 million, a P/E ratio of 31.61 and a beta of 1.10.

Lazard Equity Megatrends ETF Cuts Dividend

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

Institutional Trading of Lazard Equity Megatrends ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Lazard Asset Management LLC bought a new position in shares of Lazard Equity Megatrends ETF in the second quarter worth approximately $35,389,000. Raymond James Financial Inc. bought a new stake in Lazard Equity Megatrends ETF during the third quarter valued at approximately $896,000. Jane Street Group LLC bought a new stake in Lazard Equity Megatrends ETF during the fourth quarter valued at approximately $258,000. Robertson Stephens Wealth Management LLC bought a new stake in Lazard Equity Megatrends ETF during the fourth quarter valued at approximately $216,000. Finally, Fifth Third Bancorp purchased a new position in Lazard Equity Megatrends ETF in the 1st quarter worth approximately $58,000.

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.