Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Stock Short Interest Report for October

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,288 shares, an increase of 432.9% from the September 30th total of 1,180 shares. Based on an average daily volume of 11,496 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Trading of Monarch Volume Factor Dividend Tree Index ETF

A hedge fund recently bought a new stake in Monarch Volume Factor Dividend Tree Index ETF stock. Root Financial Partners LLC bought a new stake in Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,381 shares of the company’s stock, valued at approximately $161,000. Root Financial Partners LLC owned approximately 0.20% of Monarch Volume Factor Dividend Tree Index ETF as of its most recent SEC filing.

Monarch Volume Factor Dividend Tree Index ETF Stock Down 0.1%

MVFD stock opened at $33.02 on Tuesday. The business’s 50-day moving average is $31.44 and its two-hundred day moving average is $30.50. Monarch Volume Factor Dividend Tree Index ETF has a 1 year low of $26.67 and a 1 year high of $33.43.

Monarch Volume Factor Dividend Tree Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Thursday, September 24th were given a dividend of $0.0847 per share. This is a drop from Monarch Volume Factor Dividend Tree Index ETF’s previous quarterly dividend of $0.1130. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Thursday, September 24th.

Monarch Volume Factor Dividend Tree Index ETF Company Profile

(Get Free Report)

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.

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