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

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the recipient of a large drop in short interest during the month of 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 shares of the stock are sold short. Based on an average trading volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 2,435 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Strategas Macro Momentum ETF Trading Up 0.3%

Shares of SAMM stock traded up $0.09 during mid-day trading on Wednesday, reaching $31.55. The stock had a trading volume of 861 shares, compared to its average volume of 4,723. The firm has a market capitalization of $23.66 million, a PE ratio of 22.18 and a beta of 1.22. The stock’s 50-day moving average price is $30.88 and its two-hundred day moving average price is $29.69. Strategas Macro Momentum ETF has a 52-week low of $21.88 and a 52-week high of $31.64.

Strategas Macro Momentum ETF Announces Dividend

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

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.