Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Stock Short Interest Jumps 313.6%

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 46,821 shares, a growth of 313.6% from the August 31st total of 11,321 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 151,363 shares, the short-interest ratio is presently 0.3 days.

Strategas Macro Thematic Opportunities ETF Price Performance

SAMT stock traded down $0.08 on Friday, reaching $42.32. 65,266 shares of the company traded hands, compared to its average volume of 143,085. Strategas Macro Thematic Opportunities ETF has a one year low of $35.66 and a one year high of $47.86. The company has a market cap of $796.89 million, a P/E ratio of 22.03 and a beta of 0.85. The firm has a fifty day simple moving average of $42.97 and a 200-day simple moving average of $43.27.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Strategas Macro Thematic Opportunities ETF during the second quarter valued at $1,049,000. Bank of New York Mellon Corp raised its position in Strategas Macro Thematic Opportunities ETF by 27.2% in the 1st quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after buying an additional 2,352 shares during the last quarter. Finally, Worth Asset Management LLC bought a new position in Strategas Macro Thematic Opportunities ETF during the 2nd quarter valued at about $283,000.

About Strategas Macro Thematic Opportunities ETF

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.