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

Strategas Macro Momentum ETF (NYSEARCA:SAMM) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 4,302 shares, a decline of 33.7% from the May 14th total of 6,491 shares. Based on an average daily volume of 2,129 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.5% of the company’s shares are sold short.

Strategas Macro Momentum ETF Stock Performance

Strategas Macro Momentum ETF stock opened at $32.99 on Tuesday. Strategas Macro Momentum ETF has a 1 year low of $26.42 and a 1 year high of $34.15. The firm has a 50 day moving average price of $31.92 and a 200 day moving average price of $31.03. The company has a market cap of $29.36 million, a price-to-earnings ratio of 22.18 and a beta of 0.92.

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.