Lazard Equity Megatrends ETF (NASDAQ:THMZ) Short Interest Up 144.5% in August

by · The Cerbat Gem

Lazard Equity Megatrends ETF (NASDAQ:THMZ – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,433 shares, a growth of 144.5% from the August 15th total of 586 shares. Based on an average daily trading volume, of 867 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.1% of the shares of the company are sold short.

Lazard Equity Megatrends ETF Stock Performance

THMZ remained flat at $33.93 during trading on Tuesday. 607 shares of the company traded hands, compared to its average volume of 4,048. The stock has a market capitalization of $54.29 million, a price-to-earnings ratio of 31.61 and a beta of 1.10. Lazard Equity Megatrends ETF has a 12-month low of $28.18 and a 12-month high of $36.13. The company has a 50 day simple moving average of $34.17 and a 200 day simple moving average of $32.78.

Lazard Equity Megatrends ETF Cuts Dividend

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

Institutional Trading of Lazard Equity Megatrends ETF

Several hedge funds have recently added to or reduced their stakes in THMZ. Integrated Wealth Concepts LLC acquired a new stake in Lazard Equity Megatrends ETF in the 2nd quarter valued at approximately $101,000. Fifth Third Bancorp acquired a new position in shares of Lazard Equity Megatrends ETF during the first quarter worth approximately $58,000. Finally, Comerica Bank acquired a new position in shares of Lazard Equity Megatrends ETF during the fourth quarter worth approximately $40,000.

About Lazard Equity Megatrends ETF

(Get Free Report)

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.

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