Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Update

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 33,472 shares, a growth of 82.6% from the July 15th total of 18,327 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 22,031 shares, the days-to-cover ratio is currently 1.5 days.

Monarch Ambassador Income Index ETF Trading Down 0.2%

Shares of MAMB opened at $23.95 on Friday. The business’s fifty day simple moving average is $23.95 and its two-hundred day simple moving average is $24.20. Monarch Ambassador Income Index ETF has a 12 month low of $23.13 and a 12 month high of $24.83.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group acquired a new stake in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 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 holdings, making the stock its 28th largest holding. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent reporting period.

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.