Short Interest in Lazard Equity Megatrends ETF (NASDAQ:THMZ) Declines By 67.4%

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 873 shares, a decrease of 67.4% from the June 30th total of 2,682 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,802 shares, the short-interest ratio is currently 0.5 days.

Lazard Equity Megatrends ETF Trading Down 0.2%

Shares of NASDAQ THMZ opened at $33.08 on Tuesday. Lazard Equity Megatrends ETF has a one year low of $28.18 and a one year high of $36.13. The business has a 50-day moving average price of $33.34 and a two-hundred day moving average price of $32.25. The firm has a market capitalization of $52.93 million, a PE ratio of 31.61 and a beta of 1.11.

Lazard Equity Megatrends ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Thursday, June 18th were given a $0.0368 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Inflows and Outflows

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

Lazard Equity Megatrends ETF Company Profile

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.