Short Interest in Lazard Equity Megatrends ETF (NASDAQ:THMZ) Drops By 97.9%

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 586 shares, a drop of 97.9% from the July 30th total of 27,341 shares. Based on an average trading volume of 1,242 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Fifth Third Bancorp bought a new position in Lazard Equity Megatrends ETF in the 1st quarter worth approximately $58,000. Jane Street Group LLC acquired a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $258,000. Robertson Stephens Wealth Management LLC acquired a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $216,000. Comerica Bank bought a new position in shares of Lazard Equity Megatrends ETF in the fourth quarter worth $40,000. Finally, Susquehanna International Group LLP increased its holdings in shares of Lazard Equity Megatrends ETF by 6.6% during 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 during the period.

Lazard Equity Megatrends ETF Trading Up 0.6%

NASDAQ:THMZ traded up $0.22 during mid-day trading on Tuesday, hitting $34.78. The stock had a trading volume of 486 shares, compared to its average volume of 4,238. The company has a 50 day simple moving average of $33.91 and a 200-day simple moving average of $32.50. The stock has a market capitalization of $55.65 million, a price-to-earnings ratio of 31.61 and a beta of 1.10. Lazard Equity Megatrends ETF has a 52 week low of $28.18 and a 52 week high of $36.13.

Lazard Equity Megatrends ETF Cuts Dividend

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

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.