Monarch Ambassador Income Index ETF (BATS:MAMB) Sees Significant Decline in Short Interest

Monarch Ambassador Income Index ETF (BATS:MAMBGet Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 2,275 shares, a drop of 68.9% from the August 15th total of 7,322 shares. Based on an average daily trading volume, of 23,460 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Monarch Ambassador Income Index ETF Trading Down 0.0%

Monarch Ambassador Income Index ETF stock opened at $23.58 on Friday. Monarch Ambassador Income Index ETF has a 1 year low of $23.20 and a 1 year high of $24.83. The firm’s 50 day moving average price is $23.84 and its 200-day moving average price is $24.12.

Monarch Ambassador Income Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.1633 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from Monarch Ambassador Income Index ETF’s previous quarterly dividend of $0.09. This represents a $0.65 annualized dividend and a yield of 2.8%.

Institutional Trading of Monarch Ambassador Income Index ETF

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group bought a new position in Monarch Ambassador Income Index ETF (BATS:MAMBFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF comprises about 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th biggest holding. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent reporting period.

About Monarch Ambassador Income Index ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Monarch Ambassador Income Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Ambassador Income Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.