Strategas Macro Momentum ETF (NYSEARCA:SAMM – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 7,276 shares, a decline of 41.4% from the September 30th total of 12,415 shares. Based on an average trading volume of 14,949 shares, the short-interest ratio is currently 0.5 days. Currently, 0.7% of the shares of the stock are short sold.
Strategas Macro Momentum ETF Trading Down 2.0%
NYSEARCA SAMM traded down $0.69 during trading on Friday, hitting $33.19. 5,792 shares of the company’s stock were exchanged, compared to its average volume of 5,922. The company has a market cap of $43.15 million, a PE ratio of 22.18 and a beta of 0.93. Strategas Macro Momentum ETF has a fifty-two week low of $28.63 and a fifty-two week high of $36.64. The stock’s 50 day moving average price is $34.21 and its two-hundred day moving average price is $32.06.
About Strategas Macro Momentum ETF
The Strategas Macro Momentum ETF (SAMM) is an exchange-traded fund that mostly invests in total market equity. The fund primarily invests in 20-50 US equities selected through a tactical, macro momentum approach that looks for strong technical, momentum, and relative strength characteristics. The actively managed fund aims for a more defensive posture when the indicators turn negative. SAMM was launched on Apr 3, 2024 and is issued by Strategas.
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