Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Down 78.1% in August

Monarch Ambassador Income Index ETF (BATS:MAMB) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 7,322 shares, a decrease of 78.1% from the July 30th total of 33,472 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 14,267 shares, the days-to-cover ratio is currently 0.5 days.

Monarch Ambassador Income Index ETF Stock Performance

Shares of MAMB stock opened at $24.07 on Friday. The business has a 50 day moving average of $23.91 and a two-hundred day moving average of $24.18. Monarch Ambassador Income Index ETF has a 52 week low of $23.20 and a 52 week high of $24.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group acquired a new position in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF comprises 0.0% of Premier Financial Group’s holdings, making the stock its 28th biggest position. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent quarter.

Monarch Ambassador Income Index ETF Company Profile

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.