Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Update

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 2,647 shares, a growth of 71.7% from the November 30th total of 1,542 shares. Based on an average daily volume of 2,119 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are sold short. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 2,119 shares, the days-to-cover ratio is currently 1.2 days.

Strategas Macro Momentum ETF Stock Down 0.5%

Shares of Strategas Macro Momentum ETF stock traded down $0.15 on Monday, hitting $30.77. 3,313 shares of the company were exchanged, compared to its average volume of 2,350. The company has a 50-day moving average price of $30.01 and a 200 day moving average price of $28.59. The stock has a market capitalization of $19.39 million, a price-to-earnings ratio of 22.18 and a beta of 1.22. Strategas Macro Momentum ETF has a 1-year low of $21.88 and a 1-year high of $30.95.

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.