Monarch Select Subsector Index ETF (BATS:MSSS) Short Interest Update

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 29,371 shares, an increase of 90.5% from the May 14th total of 15,421 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 8,450 shares, the days-to-cover ratio is currently 3.5 days.

Monarch Select Subsector Index ETF Trading Up 0.3%

MSSS traded up $0.11 during trading on Friday, hitting $34.80. 11,977 shares of the stock were exchanged, compared to its average volume of 11,824. Monarch Select Subsector Index ETF has a 1-year low of $28.27 and a 1-year high of $34.85. The stock has a fifty day moving average price of $32.97 and a two-hundred day moving average price of $31.62.

Hedge Funds Weigh In On Monarch Select Subsector Index ETF

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada acquired a new position in shares of Monarch Select Subsector Index ETF in the 1st quarter valued at $38,000. Bank of America Corp DE acquired a new stake in Monarch Select Subsector Index ETF during the 2nd quarter worth $46,000. Finally, Kingsview Wealth Management LLC grew its position in Monarch Select Subsector Index ETF by 26.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,850,206 shares of the company’s stock worth $118,317,000 after purchasing an additional 795,022 shares during the last quarter.

Monarch Select Subsector Index ETF Company Profile

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.