Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) Sees Significant Growth in Short Interest

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 20,669 shares, a growth of 63.8% from the November 30th total of 12,618 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 52,815 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 52,815 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Strategas Macro Thematic Opportunities ETF Price Performance

SAMT stock traded down $0.34 during midday trading on Friday, reaching $39.23. The company had a trading volume of 12,581 shares, compared to its average volume of 43,787. The firm has a 50-day moving average price of $37.89 and a 200-day moving average price of $36.36. The company has a market capitalization of $330.32 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 $26.13 and a 1 year high of $39.71.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Beaumont Financial Advisors LLC boosted its position in Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 121.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,320,122 shares of the company’s stock after buying an additional 723,912 shares during the quarter. Strategas Macro Thematic Opportunities ETF makes up approximately 3.3% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 5th biggest position. Beaumont Financial Advisors LLC owned about 24.77% of Strategas Macro Thematic Opportunities ETF worth $45,452,000 at the end of the most recent quarter.

Strategas Macro Thematic Opportunities ETF Company Profile

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.