Strategas Macro Momentum ETF (NYSEARCA:SAMM) Shares Shorted: Short Interest Down 78.5% in October

Strategas Macro Momentum ETF (NYSEARCA:SAMM) saw a large drop in short interest in October. As of October 30th, there was short interest totaling 1,566 shares, a drop of 78.5% from the October 15th total of 7,276 shares. Based on an average daily trading volume, of 23,329 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Strategas Macro Momentum ETF Stock Down 1.0%

Shares of NYSEARCA SAMM opened at $30.96 on Thursday. The firm has a market cap of $41.49 million, a P/E ratio of 17.53 and a beta of 0.97. Strategas Macro Momentum ETF has a twelve month low of $28.63 and a twelve month high of $36.64. The company has a 50 day moving average of $33.96 and a 200 day moving average of $32.08.

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.