Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Significant Decrease in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZ) saw a significant drop in short interest in March. As of March 13th, there was short interest totaling 3,993 shares, a drop of 15.9% from the February 26th total of 4,750 shares. Based on an average daily trading volume, of 7,543 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Hedge Funds Weigh In On Lazard Equity Megatrends ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lazard Asset Management LLC bought a new position in shares of Lazard Equity Megatrends ETF in the second quarter valued at approximately $35,389,000. Raymond James Financial Inc. acquired a new position in Lazard Equity Megatrends ETF in the 3rd quarter valued at $896,000. Susquehanna International Group LLP grew its stake in Lazard Equity Megatrends ETF by 6.6% in the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock valued at $540,000 after buying an additional 1,055 shares during the last quarter. Comerica Bank bought a new position in Lazard Equity Megatrends ETF in the 4th quarter worth $40,000. Finally, Robertson Stephens Wealth Management LLC bought a new position in Lazard Equity Megatrends ETF in the 4th quarter worth $216,000.

Lazard Equity Megatrends ETF Stock Performance

Shares of THMZ traded up $0.91 during trading hours on Tuesday, hitting $29.12. 1,509 shares of the company were exchanged, compared to its average volume of 7,284. The company has a market cap of $45.14 million, a PE ratio of 31.61 and a beta of 1.24. The firm’s 50 day moving average is $31.23 and its 200-day moving average is $31.95. Lazard Equity Megatrends ETF has a 52 week low of $24.39 and a 52 week high of $36.13.

Lazard Equity Megatrends ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 20th were issued a $0.0381 dividend. This is an increase from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00. The ex-dividend date was Friday, March 20th. This represents a $0.15 annualized dividend and a yield of 0.5%.

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.