Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Down 91.2% in February

Strategas Macro Momentum ETF (NYSEARCA:SAMM) saw a large decrease in short interest in February. As of February 13th, there was short interest totaling 1,045 shares, a decrease of 91.2% from the January 29th total of 11,896 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Strategas Macro Momentum ETF Stock Performance

Shares of NYSEARCA SAMM traded up $0.13 during mid-day trading on Thursday, reaching $31.68. The company had a trading volume of 705 shares, compared to its average volume of 4,616. The firm has a market cap of $23.76 million, a price-to-earnings ratio of 22.18 and a beta of 1.22. The business’s 50-day simple moving average is $30.88 and its 200 day simple moving average is $29.69. Strategas Macro Momentum ETF has a one year low of $21.88 and a one year high of $31.68.

Strategas Macro Momentum ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.3106 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 102.0%.

Strategas Macro Momentum ETF Company Profile

The Strategas Macro Momentum ETF (SAMM) is an exchange-traded fund that mostly invests in total market equity. The fund primarily invests in 20-50 US equities selected through a tactical, macro momentum approach that looks for strong technical, momentum, and relative strength characteristics. The actively managed fund aims for a more defensive posture when the indicators turn negative. SAMM was launched on Apr 3, 2024 and is issued by Strategas.