Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Large Growth in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a large growth in short interest in April. As of April 30th, there was short interest totaling 20,244 shares, a growth of 1,723.8% from the April 15th total of 1,110 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average trading volume of 4,724 shares, the days-to-cover ratio is currently 4.3 days.

Lazard Equity Megatrends ETF Stock Performance

Shares of NASDAQ:THMZ traded down $0.11 during midday trading on Wednesday, hitting $32.83. 4,581 shares of the company’s stock traded hands, compared to its average volume of 6,278. The company has a market cap of $51.87 million, a PE ratio of 31.61 and a beta of 1.43. The firm’s fifty day moving average price is $31.02 and its two-hundred day moving average price is $31.93. Lazard Equity Megatrends ETF has a twelve month low of $28.18 and a twelve month high of $36.13.

Lazard Equity Megatrends ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 20th were issued a dividend of $0.0381 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, March 20th. This is a positive change from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank purchased a new position in Lazard Equity Megatrends ETF in the 4th quarter valued at about $40,000. Fifth Third Bancorp purchased a new position in Lazard Equity Megatrends ETF in the 1st quarter valued at about $58,000. Robertson Stephens Wealth Management LLC purchased a new position in Lazard Equity Megatrends ETF in the 4th quarter valued at about $216,000. Jane Street Group LLC purchased a new position in Lazard Equity Megatrends ETF in the 4th quarter valued at about $258,000. Finally, Susquehanna International Group LLP boosted its position in Lazard Equity Megatrends ETF by 6.6% in the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock valued at $540,000 after buying an additional 1,055 shares during the last quarter.

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.