Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Down 94.4% in May

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,134 shares, a decline of 94.4% from the April 30th total of 20,244 shares. Based on an average trading volume of 4,484 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Comerica Bank bought a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $40,000. Fifth Third Bancorp bought a new position in Lazard Equity Megatrends ETF during the 1st quarter worth $58,000. Robertson Stephens Wealth Management LLC bought a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $216,000. Jane Street Group LLC bought a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $258,000. Finally, Susquehanna International Group LLP grew its stake in Lazard Equity Megatrends ETF by 6.6% during the 3rd quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after buying an additional 1,055 shares during the last quarter.

Lazard Equity Megatrends ETF Stock Performance

Shares of NASDAQ THMZ traded down $0.16 during trading on Wednesday, reaching $33.48. The stock had a trading volume of 2,288 shares, compared to its average volume of 5,854. Lazard Equity Megatrends ETF has a one year low of $28.18 and a one year high of $36.13. The stock has a market cap of $52.90 million, a PE ratio of 31.61 and a beta of 1.53. The firm’s 50 day moving average price is $31.54 and its two-hundred day moving average price is $31.96.

Lazard Equity Megatrends ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Friday, March 20th were paid a dividend of $0.0381 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Friday, March 20th. This is an increase from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00.

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.