Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Down 67.4% in July

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 873 shares, a decline of 67.4% from the June 30th total of 2,682 shares. Based on an average daily trading volume, of 1,802 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in THMZ. Lazard Asset Management LLC bought a new stake in shares of Lazard Equity Megatrends ETF in the second quarter worth about $35,389,000. Raymond James Financial Inc. bought a new position in Lazard Equity Megatrends ETF during the third quarter valued at approximately $896,000. Susquehanna International Group LLP boosted its stake in Lazard Equity Megatrends ETF by 6.6% during the third 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 purchased a new position in Lazard Equity Megatrends ETF during the 4th quarter valued at approximately $40,000. Finally, Robertson Stephens Wealth Management LLC purchased a new position in Lazard Equity Megatrends ETF during the 4th quarter valued at approximately $216,000.

Lazard Equity Megatrends ETF Stock Performance

Shares of NASDAQ:THMZ opened at $33.07 on Friday. The firm has a market cap of $52.91 million, a price-to-earnings ratio of 31.61 and a beta of 1.11. The firm has a fifty day moving average price of $33.34 and a 200 day moving average price of $32.26. Lazard Equity Megatrends ETF has a fifty-two week low of $28.18 and a fifty-two week high of $36.13.

Lazard Equity Megatrends ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Thursday, June 18th were paid a $0.0368 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.15 annualized dividend and a yield of 0.4%.

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.