Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Update

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 6,491 shares, a growth of 280.5% from the April 30th total of 1,706 shares. Based on an average daily volume of 3,591 shares, the short-interest ratio is currently 1.8 days. Approximately 0.7% of the company’s shares are short sold.

Strategas Macro Momentum ETF Price Performance

Strategas Macro Momentum ETF stock traded up $0.24 during midday trading on Friday, reaching $33.45. The stock had a trading volume of 1,328 shares, compared to its average volume of 4,195. The firm’s fifty day simple moving average is $31.27 and its two-hundred day simple moving average is $30.76. Strategas Macro Momentum ETF has a twelve month low of $25.81 and a twelve month high of $33.45. The firm has a market cap of $29.77 million, a price-to-earnings ratio of 22.18 and a beta of 0.91.

Strategas Macro Momentum ETF Company Profile

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.