Strategas Macro Momentum ETF (NYSEARCA:SAMM) Shares Shorted: Short Interest Down 43.8% in September

by · The Markets Daily

Strategas Macro Momentum ETF (NYSEARCA:SAMM – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 9,061 shares, a decrease of 43.8% from the August 31st total of 16,128 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 9,655 shares, the days-to-cover ratio is presently 0.9 days.

Strategas Macro Momentum ETF Stock Up 0.1%

Strategas Macro Momentum ETF stock traded up $0.03 during midday trading on Wednesday, reaching $35.37. The company’s stock had a trading volume of 1,742 shares, compared to its average volume of 4,373. The company has a market cap of $35.72 million, a P/E ratio of 22.18 and a beta of 0.98. The business has a 50-day simple moving average of $32.72 and a 200-day simple moving average of $31.95. Strategas Macro Momentum ETF has a fifty-two week low of $28.35 and a fifty-two week high of $35.63.

About Strategas Macro Momentum ETF

(Get Free Report)

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.

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