Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 110,866 shares, a growth of 85.2% from the May 14th total of 59,867 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 139,777 shares, the short-interest ratio is currently 0.8 days.
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 increased its stake in shares of Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Free Report) by 27.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,010 shares of the company’s stock after buying an additional 2,352 shares during the quarter. Bank of New York Mellon Corp owned about 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 at the end of the most recent reporting period.
Strategas Macro Thematic Opportunities ETF Stock Performance
Shares of NYSEARCA:SAMT traded down $0.60 during trading on Tuesday, reaching $45.41. The stock had a trading volume of 149,936 shares, compared to its average volume of 143,011. The business has a fifty day moving average price of $44.10 and a 200-day moving average price of $41.12. The stock has a market cap of $642.10 million, a PE ratio of 22.03 and a beta of 0.85. Strategas Macro Thematic Opportunities ETF has a 1-year low of $32.78 and a 1-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.
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