Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Short Interest Update

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 12,542 shares, a decline of 41.4% from the August 15th total of 21,388 shares. Based on an average daily volume of 11,070 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the shares of the company are sold short.

Monarch Volume Factor Global Unconstrained Index ETF Trading Down 0.6%

BATS:MVFG opened at $34.39 on Thursday. Monarch Volume Factor Global Unconstrained Index ETF has a one year low of $27.30 and a one year high of $35.98. The firm’s fifty day moving average price is $35.11 and its two-hundred day moving average price is $34.30.

Monarch Volume Factor Global Unconstrained 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 issued a dividend of $0.2041 per share. This represents a $0.82 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.08.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC grew its stake in shares of Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,942,453 shares of the company’s stock after acquiring an additional 132,778 shares during the period. Monarch Volume Factor Global Unconstrained Index ETF accounts for 1.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 8th largest position. Kingsview Wealth Management LLC owned about 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 as of its most recent filing with the Securities & Exchange Commission.

About Monarch Volume Factor Global Unconstrained Index ETF

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.