Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Down 82.4% in June

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,639 shares, a decrease of 82.4% from the June 15th total of 15,006 shares. Based on an average daily trading volume, of 9,194 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold.

Strategas Macro Momentum ETF Trading Down 1.0%

Shares of SAMM stock traded down $0.32 during trading hours on Monday, reaching $31.31. The stock had a trading volume of 1,877 shares, compared to its average volume of 4,425. The stock’s fifty day simple moving average is $32.20 and its 200 day simple moving average is $31.29. Strategas Macro Momentum ETF has a 12 month low of $26.42 and a 12 month high of $34.15. The firm has a market capitalization of $29.43 million, a PE ratio of 22.18 and a beta of 0.94.

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.