Monarch ProCap Index ETF (BATS:MPRO) Short Interest Down 88.6% in August

Monarch ProCap Index ETF (BATS:MPRO) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 3,835 shares, a decrease of 88.6% from the July 30th total of 33,631 shares. Based on an average trading volume of 16,019 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

Monarch ProCap Index ETF Trading Up 0.3%

BATS:MPRO traded up $0.11 on Tuesday, reaching $32.80. 5,338 shares of the stock traded hands, compared to its average volume of 24,372. Monarch ProCap Index ETF has a 1-year low of $30.06 and a 1-year high of $32.99. The company’s 50 day moving average is $32.63 and its 200-day moving average is $32.31. The firm has a market capitalization of $275.52 million, a price-to-earnings ratio of 24.22 and a beta of 0.55.

Institutional Investors Weigh In On Monarch ProCap Index ETF

An institutional investor recently bought a new position in Monarch ProCap Index ETF stock. Premier Financial Group bought a new position in Monarch ProCap Index ETF (BATS:MPRO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 3,995 shares of the company’s stock, valued at approximately $123,000. Monarch ProCap Index ETF makes up approximately 0.0% of Premier Financial Group’s investment portfolio, making the stock its 23rd biggest position.

Monarch ProCap Index ETF Company Profile

The Monarch ProCap ETF (MPRO) is an exchange-traded fund that is based on the Kingsview ProCap index. The fund tracks an index that allocates 90% to global equity and fixed income and 10% to alternatives, depending on the economic cycles. MPRO was launched on Mar 23, 2021 and is managed by Monarch.