Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Down 15.9% in March
by Danessa Lincoln · The Markets DailyLazard Equity Megatrends ETF (NASDAQ:THMZ – Get Free Report) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,993 shares, a decrease of 15.9% from the February 26th total of 4,750 shares. Based on an average daily volume of 7,543 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in THMZ. Comerica Bank acquired a new stake in Lazard Equity Megatrends ETF during the fourth quarter worth approximately $40,000. Robertson Stephens Wealth Management LLC acquired a new position in Lazard Equity Megatrends ETF in the fourth quarter valued at approximately $216,000. Jane Street Group LLC acquired a new position in Lazard Equity Megatrends ETF in the fourth quarter valued at approximately $258,000. Susquehanna International Group LLP boosted its holdings in shares of Lazard Equity Megatrends ETF by 6.6% during the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after buying an additional 1,055 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Lazard Equity Megatrends ETF during the 3rd quarter worth approximately $896,000.
Lazard Equity Megatrends ETF Stock Up 3.7%
Shares of NASDAQ THMZ opened at $29.25 on Wednesday. The company has a market capitalization of $45.34 million, a PE ratio of 31.61 and a beta of 1.24. Lazard Equity Megatrends ETF has a twelve month low of $24.39 and a twelve month high of $36.13. The firm has a fifty day simple moving average of $31.17 and a 200 day simple moving average of $31.94.
Lazard Equity Megatrends ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 20th were issued a dividend of $0.0381 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, March 20th. This is an increase from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00.
Lazard Equity Megatrends ETF Company Profile
The Lazard Equity Megatrends ETF (THMZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in global companies of any market capitalization. The funds selection process aims to identify global megatrends and themes that are likely to shape the future. THMZ was launched on Apr 4, 2025 and is issued by Lazard.