Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Large Decline in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,337 shares, a drop of 73.6% from the September 30th total of 8,845 shares. Based on an average daily volume of 3,733 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Lazard Equity Megatrends ETF stock. Integrated Wealth Concepts LLC acquired a new position in Lazard Equity Megatrends ETF (NASDAQ:THMZ) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,979 shares of the company’s stock, valued at approximately $101,000. Integrated Wealth Concepts LLC owned approximately 0.19% of Lazard Equity Megatrends ETF at the end of the most recent quarter.

Lazard Equity Megatrends ETF Trading Down 0.2%

NASDAQ:THMZ traded down $0.06 during trading hours on Thursday, hitting $33.92. 3,007 shares of the stock traded hands, compared to its average volume of 3,766. The firm has a 50 day moving average price of $34.35 and a 200 day moving average price of $32.94. Lazard Equity Megatrends ETF has a fifty-two week low of $28.18 and a fifty-two week high of $36.13. The firm has a market cap of $54.27 million, a price-to-earnings ratio of 31.61 and a beta of 1.09.

Lazard Equity Megatrends ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Stockholders of record on Friday, September 18th were given a $0.0564 dividend. This represents a $0.23 annualized dividend and a dividend yield of 0.7%. This is a boost from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.0368. The ex-dividend date of this dividend was Friday, September 18th.

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.