Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Down 58.0% in June

Monarch Ambassador Income Index ETF (BATS:MAMB) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 8,662 shares, a decline of 58.0% from the June 15th total of 20,639 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,789 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Monarch Ambassador Income Index ETF

An institutional investor recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group acquired a new position in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 investment portfolio, making the stock its 28th biggest position. Premier Financial Group owned 0.05% of Monarch Ambassador Income Index ETF as of its most recent filing with the Securities & Exchange Commission.

Monarch Ambassador Income Index ETF Stock Down 0.7%

Shares of Monarch Ambassador Income Index ETF stock opened at $23.69 on Tuesday. Monarch Ambassador Income Index ETF has a 12-month low of $22.84 and a 12-month high of $24.83. The company has a 50-day moving average of $24.16 and a two-hundred day moving average of $24.26.

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.