Short Interest in Strategas Macro Momentum ETF (NYSEARCA:SAMM) Decreases By 82.4%

Strategas Macro Momentum ETF (NYSEARCA:SAMM) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,639 shares, a decrease of 82.4% from the June 15th total of 15,006 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 9,194 shares, the short-interest ratio is currently 0.3 days.

Strategas Macro Momentum ETF Price Performance

Shares of Strategas Macro Momentum ETF stock traded down $0.32 during trading hours on Monday, hitting $31.31. The company had a trading volume of 1,877 shares, compared to its average volume of 4,425. The company’s 50-day moving average is $32.20 and its two-hundred day moving average is $31.29. The company has a market cap of $29.43 million, a P/E ratio of 22.18 and a beta of 0.94. Strategas Macro Momentum ETF has a twelve month low of $26.42 and a twelve month high of $34.15.

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.