Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Down 81.6% in April

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,706 shares, a decrease of 81.6% from the April 15th total of 9,256 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 1,775 shares, the short-interest ratio is currently 1.0 days.

Strategas Macro Momentum ETF Trading Up 0.3%

Shares of SAMM traded up $0.08 during mid-day trading on Tuesday, hitting $31.66. The company’s stock had a trading volume of 799 shares, compared to its average volume of 4,435. Strategas Macro Momentum ETF has a 1-year low of $25.35 and a 1-year high of $32.39. The firm has a market capitalization of $28.18 million, a P/E ratio of 22.18 and a beta of 0.91. The firm has a 50-day simple moving average of $30.75 and a 200 day simple moving average of $30.56.

About Strategas Macro Momentum ETF

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.