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

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

Strategas Macro Momentum ETF Stock Performance

Shares of Strategas Macro Momentum ETF stock opened at $30.96 on Thursday. Strategas Macro Momentum ETF has a fifty-two week low of $28.63 and a fifty-two week high of $36.64. The company has a market capitalization of $41.49 million, a P/E ratio of 17.53 and a beta of 0.97. The company has a fifty day moving average of $33.96 and a 200 day moving average of $32.08.

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.