Sarmaya Thematic ETF (BATS:LENS) Sees Significant Decline in Short Interest

Sarmaya Thematic ETF (BATS:LENS) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,621 shares, a decrease of 60.2% from the September 15th total of 4,076 shares. Based on an average trading volume of 7,909 shares, the days-to-cover ratio is currently 0.2 days. Approximately 1.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Sarmaya Thematic ETF

A hedge fund recently raised its stake in Sarmaya Thematic ETF stock. Farther Finance Advisors LLC lifted its holdings in shares of Sarmaya Thematic ETF (BATS:LENS) by 10.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,119 shares of the company’s stock after purchasing an additional 7,676 shares during the quarter. Farther Finance Advisors LLC owned 47.72% of Sarmaya Thematic ETF worth $3,477,000 at the end of the most recent quarter.

Sarmaya Thematic ETF Stock Performance

BATS:LENS opened at $44.09 on Wednesday. The stock’s fifty day moving average price is $45.19 and its two-hundred day moving average price is $43.64. The company has a market cap of $7.50 million and a price-to-earnings ratio of 15.25. Sarmaya Thematic ETF has a 52-week low of $33.06 and a 52-week high of $50.84.

About Sarmaya Thematic ETF

The Sarmaya Thematic ETF (LENS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of global stocks and ETPs deemed to reflect the market themes identified by the adviser. The fund uses proprietary, fundamental analysis in its selection process. LENS was launched on Jan 28, 2025 and is issued by Sarmaya Partners.