Short Interest in Strategas Macro Momentum ETF (NYSEARCA:SAMM) Declines By 33.7%

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

Strategas Macro Momentum ETF Stock Down 0.1%

SAMM opened at $32.53 on Thursday. Strategas Macro Momentum ETF has a twelve month low of $26.42 and a twelve month high of $34.15. The company has a 50-day moving average price of $32.00 and a 200 day moving average price of $31.07. The company has a market cap of $28.95 million, a PE 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.