Strategas Macro Momentum ETF (NYSEARCA:SAMM) Short Interest Down 86.6% in December

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 356 shares, a decrease of 86.6% from the December 15th total of 2,647 shares. Based on an average daily volume of 2,072 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 2,072 shares, the short-interest ratio is currently 0.2 days.

Strategas Macro Momentum ETF Stock Down 0.9%

Strategas Macro Momentum ETF stock traded down $0.27 during mid-day trading on Wednesday, hitting $30.88. The company’s stock had a trading volume of 948 shares, compared to its average volume of 2,316. The stock has a market capitalization of $21.00 million, a P/E ratio of 22.18 and a beta of 1.22. Strategas Macro Momentum ETF has a twelve month low of $21.88 and a twelve month high of $31.36. The stock’s fifty day moving average price is $30.23 and its two-hundred day moving average price is $28.91.

Strategas Macro Momentum ETF Announces Dividend

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

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.