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

Monarch Ambassador Income Index ETF (BATS:MAMB) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 11,518 shares, an increase of 73.3% from the May 14th total of 6,645 shares. Based on an average daily volume of 17,571 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s shares are short sold.

Monarch Ambassador Income Index ETF Price Performance

Shares of Monarch Ambassador Income Index ETF stock opened at $24.22 on Monday. Monarch Ambassador Income Index ETF has a twelve month low of $22.84 and a twelve month high of $24.83. The company’s fifty day moving average is $24.25 and its 200 day moving average is $24.26.

Hedge Funds Weigh In On Monarch Ambassador Income Index ETF

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new stake in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 portfolio, making the stock its 28th biggest holding. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF as of its most recent SEC filing.

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.