Lazard Equity Megatrends ETF (NASDAQ:THMZ) Sees Significant Growth in Short Interest

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 27,341 shares, a growth of 3,031.8% from the July 15th total of 873 shares. Based on an average daily trading volume, of 1,898 shares, the short-interest ratio is presently 14.4 days. Currently, 1.7% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Susquehanna International Group LLP lifted its holdings in shares of Lazard Equity Megatrends ETF by 6.6% during the third quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock worth $540,000 after purchasing an additional 1,055 shares during the period. Comerica Bank acquired a new position in Lazard Equity Megatrends ETF in the 4th quarter valued at $40,000. Fifth Third Bancorp purchased a new position in Lazard Equity Megatrends ETF during the 1st quarter worth $58,000. Robertson Stephens Wealth Management LLC purchased a new position in Lazard Equity Megatrends ETF during the 4th quarter worth $216,000. Finally, Jane Street Group LLC acquired a new stake in shares of Lazard Equity Megatrends ETF in the 4th quarter worth $258,000.

Lazard Equity Megatrends ETF Trading Down 0.1%

Shares of NASDAQ THMZ traded down $0.04 during midday trading on Tuesday, reaching $35.01. 575 shares of the company were exchanged, compared to its average volume of 4,456. The stock has a market cap of $56.02 million, a P/E ratio of 31.61 and a beta of 1.10. Lazard Equity Megatrends ETF has a 1 year low of $28.18 and a 1 year high of $36.13. The stock has a fifty day simple moving average of $33.54 and a 200 day simple moving average of $32.33.

Lazard Equity Megatrends ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Thursday, June 18th were given a dividend of $0.0368 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 18th.

About Lazard Equity Megatrends ETF

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.