Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Update

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 6,645 shares, a decrease of 90.7% from the April 30th total of 71,705 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 14,563 shares, the days-to-cover ratio is presently 0.5 days.

Monarch Ambassador Income Index ETF Stock Performance

MAMB traded up $0.01 on Friday, reaching $24.34. 17,190 shares of the company traded hands, compared to its average volume of 28,391. The stock’s 50 day moving average price is $24.21 and its 200-day moving average price is $24.24. Monarch Ambassador Income Index ETF has a 52-week low of $22.71 and a 52-week high of $24.83.

Institutional Trading of Monarch Ambassador Income Index ETF

A hedge fund recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new position in Monarch Ambassador Income Index ETF (BATS:MAMB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF accounts for 0.0% of Premier Financial Group’s holdings, making the stock its 28th largest position. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF as of its most recent SEC filing.

About Monarch Ambassador Income Index ETF

The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.