Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Short Interest Update
by Sarita Garza · The Markets DailyStrategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 37,254 shares, a decrease of 53.6% from the July 30th total of 80,261 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 83,330 shares, the days-to-cover ratio is presently 0.4 days.
Strategas Macro Thematic Opportunities ETF Stock Performance
Shares of SAMT stock traded down $0.39 on Friday, reaching $42.82. The stock had a trading volume of 459,093 shares, compared to its average volume of 138,641. The stock has a market cap of $855.12 million, a P/E ratio of 22.03 and a beta of 0.85. Strategas Macro Thematic Opportunities ETF has a 1 year low of $34.11 and a 1 year high of $47.86. The company has a 50 day simple moving average of $44.17 and a 200 day simple moving average of $42.88.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of SAMT. Bank of New York Mellon Corp increased its position in shares of Strategas Macro Thematic Opportunities ETF by 27.2% during the 1st quarter. Bank of New York Mellon Corp now owns 11,010 shares of the company’s stock valued at $432,000 after purchasing an additional 2,352 shares during the last quarter. Worth Asset Management LLC bought a new stake in Strategas Macro Thematic Opportunities ETF during the second quarter valued at approximately $283,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Strategas Macro Thematic Opportunities ETF during the second quarter valued at approximately $1,049,000.
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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