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

Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 242,441 shares, an increase of 264.9% from the April 15th total of 66,447 shares. Currently, 1.7% of the shares of the company are short sold. Based on an average trading volume of 127,395 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Strategas Macro Thematic Opportunities ETF stock. Bank of New York Mellon Corp increased its stake in shares of Strategas Macro Thematic Opportunities ETF (NYSEARCA:SAMT) by 27.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 11,010 shares of the company’s stock after purchasing an additional 2,352 shares during the period. Bank of New York Mellon Corp owned 0.08% of Strategas Macro Thematic Opportunities ETF worth $432,000 as of its most recent SEC filing.

Strategas Macro Thematic Opportunities ETF Price Performance

NYSEARCA:SAMT opened at $45.74 on Thursday. The business has a fifty day simple moving average of $41.22 and a two-hundred day simple moving average of $39.76. Strategas Macro Thematic Opportunities ETF has a 1 year low of $31.19 and a 1 year high of $45.85. The company has a market capitalization of $646.76 million, a P/E ratio of 22.03 and a beta of 0.84.

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.