Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Short Interest Update

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 110,866 shares, an increase of 85.2% from the May 14th total of 59,867 shares. Based on an average daily trading volume, of 139,777 shares, the short-interest ratio is currently 0.8 days. Approximately 0.8% of the company’s stock are sold short.

Hedge Funds Weigh In On Strategas Macro Thematic Opportunities ETF

A hedge fund recently raised its stake in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp raised its stake in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,010 shares of the company’s stock after purchasing an additional 2,352 shares during the quarter. Bank of New York Mellon Corp owned 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 as of its most recent filing with the Securities & Exchange Commission.

Strategas Macro Thematic Opportunities ETF Stock Performance

Shares of Strategas Macro Thematic Opportunities ETF stock traded up $0.71 during trading hours on Monday, reaching $46.16. The company’s stock had a trading volume of 10,166 shares, compared to its average volume of 136,178. The company has a market capitalization of $652.70 million, a P/E ratio of 22.03 and a beta of 0.85. The stock’s fifty day simple moving average is $43.87 and its two-hundred day simple moving average is $41.00. Strategas Macro Thematic Opportunities ETF has a one year low of $32.78 and a one year high of $46.84.

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.