Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Sees Large Decrease in Short Interest

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 240 shares, a decline of 91.3% from the May 14th total of 2,758 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 9,006 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

A hedge fund recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC raised its position in shares of Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 9.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,809,675 shares of the company’s stock after buying an additional 338,557 shares during the quarter. Monarch Volume Factor Global Unconstrained Index ETF comprises 1.8% of Kingsview Wealth Management LLC’s portfolio, making the stock its 8th largest position. Kingsview Wealth Management LLC owned approximately 98.70% of Monarch Volume Factor Global Unconstrained Index ETF worth $119,254,000 at the end of the most recent quarter.

Monarch Volume Factor Global Unconstrained Index ETF Trading Up 0.4%

BATS MVFG opened at $34.38 on Wednesday. Monarch Volume Factor Global Unconstrained Index ETF has a 12 month low of $27.30 and a 12 month high of $35.02. The company’s fifty day moving average price is $33.91 and its two-hundred day moving average price is $32.99.

About Monarch Volume Factor Global Unconstrained Index ETF

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.