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

Lazard Equity Megatrends ETF (NASDAQ:THMZ) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,110 shares, a decline of 67.0% from the March 31st total of 3,366 shares. Based on an average trading volume of 3,042 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Lazard Equity Megatrends ETF Stock Performance

NASDAQ:THMZ opened at $32.48 on Monday. Lazard Equity Megatrends ETF has a 1 year low of $27.56 and a 1 year high of $36.13. The stock has a market cap of $51.32 million, a price-to-earnings ratio of 31.61 and a beta of 1.37. The stock has a 50-day moving average price of $30.82 and a two-hundred day moving average price of $31.88.

Lazard Equity Megatrends ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Friday, March 20th were paid a $0.0381 dividend. The ex-dividend date of this dividend was Friday, March 20th. This is a positive change from Lazard Equity Megatrends ETF’s previous quarterly dividend of $0.00. This represents a $0.15 dividend on an annualized basis and a yield of 0.5%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in Lazard Equity Megatrends ETF in the fourth quarter valued at about $258,000. Susquehanna International Group LLP grew its stake in Lazard Equity Megatrends ETF by 6.6% in the third quarter. Susquehanna International Group LLP now owns 17,035 shares of the company’s stock valued at $540,000 after acquiring an additional 1,055 shares during the period. Raymond James Financial Inc. acquired a new position in Lazard Equity Megatrends ETF in the third quarter valued at about $896,000. Lazard Asset Management LLC acquired a new position in Lazard Equity Megatrends ETF in the second quarter valued at about $35,389,000. Finally, Comerica Bank acquired a new position in Lazard Equity Megatrends ETF in the fourth quarter valued at about $40,000.

Lazard Equity Megatrends ETF Company Profile

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.