Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Down 91.2% in February

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 1,045 shares, a drop of 91.2% from the January 29th total of 11,896 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

Strategas Macro Momentum ETF Stock Performance

Shares of NYSEARCA SAMM traded up $0.09 during mid-day trading on Wednesday, reaching $31.55. 861 shares of the company traded hands, compared to its average volume of 4,723. The company’s fifty day moving average is $30.88 and its two-hundred day moving average is $29.69. Strategas Macro Momentum ETF has a fifty-two week low of $21.88 and a fifty-two week high of $31.64. The stock has a market cap of $23.66 million, a PE ratio of 22.18 and a beta of 1.22.

Strategas Macro Momentum ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a $0.3106 dividend. This represents a dividend yield of 102.0%. The ex-dividend date was Tuesday, December 30th.

Strategas Macro Momentum ETF Company Profile

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.