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

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 37,254 shares, a drop of 53.6% from the July 30th total of 80,261 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 83,330 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Strategas Macro Thematic Opportunities ETF

Several institutional investors and hedge funds have recently made changes to their positions in SAMT. Comprehensive Financial Planning Inc. PA bought a new position in shares of Strategas Macro Thematic Opportunities ETF in the 2nd quarter worth $1,049,000. Bank of New York Mellon Corp grew its stake in shares of Strategas Macro Thematic Opportunities ETF by 27.2% during the first quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock worth $432,000 after purchasing an additional 2,352 shares during the period. Finally, Worth Asset Management LLC bought a new stake in Strategas Macro Thematic Opportunities ETF in the second quarter valued at about $283,000.

Strategas Macro Thematic Opportunities ETF Trading Down 0.3%

Shares of NYSEARCA:SAMT traded down $0.14 during trading on Monday, hitting $42.68. 750,115 shares of the company’s stock were exchanged, compared to its average volume of 142,324. The firm has a market cap of $852.32 million, a P/E ratio of 22.03 and a beta of 0.85. The firm has a 50-day moving average price of $44.17 and a two-hundred day moving average price of $42.90. Strategas Macro Thematic Opportunities ETF has a 1-year low of $34.11 and a 1-year high of $47.86.

Strategas Macro Thematic Opportunities ETF Company Profile

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.