Monarch Select Subsector Index ETF (BATS:MSSS) Stock Short Interest Report for October

Monarch Select Subsector Index ETF (BATS:MSSS) saw a large increase in short interest in October. As of October 30th, there was short interest totaling 11,966 shares, an increase of 157.6% from the October 15th total of 4,646 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 21,715 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Monarch Select Subsector Index ETF stock. Royal Bank of Canada purchased a new stake in Monarch Select Subsector Index ETF (BATS:MSSS) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,265 shares of the company’s stock, valued at approximately $38,000.

Monarch Select Subsector Index ETF Stock Performance

Shares of MSSS stock opened at $38.02 on Friday. The stock’s 50 day simple moving average is $35.84 and its 200 day simple moving average is $34.09. Monarch Select Subsector Index ETF has a twelve month low of $29.00 and a twelve month high of $38.90. The company has a market capitalization of $161.97 million, a price-to-earnings ratio of 19.23 and a beta of 0.92.

About Monarch Select Subsector Index ETF

The Monarch Select Subsector Index ETF (MSSS) is an exchange-traded fund that is based on the Monarch Select Subsector index. The fund is a fund-of-funds that tracks an index of 10 US-listed ETFs that are selected for its sector or subsector that can take advantage of a particular phase in an economic cycle. MSSS was launched on Mar 6, 2024 and is issued by Monarch.