Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Get Free Report) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 59,867 shares, a drop of 75.3% from the April 30th total of 242,441 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 212,191 shares, the short-interest ratio is presently 0.3 days.
Strategas Macro Thematic Opportunities ETF Price Performance
Shares of Strategas Macro Thematic Opportunities ETF stock traded down $0.46 on Friday, reaching $45.93. 270,779 shares of the company were exchanged, compared to its average volume of 128,308. Strategas Macro Thematic Opportunities ETF has a 1-year low of $31.99 and a 1-year high of $46.64. The company has a market cap of $649.45 million, a P/E ratio of 22.03 and a beta of 0.84. The stock’s 50 day moving average price is $42.66 and its 200-day moving average price is $40.38.
Institutional Investors 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 grew its stake in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Free Report) by 27.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,010 shares of the company’s stock after buying an additional 2,352 shares during the period. Bank of New York Mellon Corp owned 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 at the end of the most recent reporting period.
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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