Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Drops By 89.8%

Monarch Select Subsector Index ETF (BATS:MSSS) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 2,264 shares, a decline of 89.8% from the August 15th total of 22,246 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 14,767 shares, the short-interest ratio is currently 0.2 days.

Monarch Select Subsector Index ETF Stock Down 0.5%

BATS MSSS traded down $0.18 during mid-day trading on Thursday, hitting $34.85. The stock had a trading volume of 9,190 shares, compared to its average volume of 11,960. The firm’s 50 day moving average is $36.13 and its 200 day moving average is $33.87. Monarch Select Subsector Index ETF has a twelve month low of $29.00 and a twelve month high of $37.18.

Institutional Investors Weigh In On Monarch Select Subsector Index ETF

An institutional investor recently bought a new stake in Monarch Select Subsector Index ETF stock. Royal Bank of Canada purchased a new stake in Monarch Select Subsector Index ETF (BATS:MSSS) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,265 shares of the company’s stock, valued at approximately $38,000.

About Monarch Select Subsector Index ETF

The Monarch Select Subsector Index ETF (MSSS) is an exchange-traded fund that is based on the Monarch Select Subsector index. The fund is a fund-of-funds that tracks an index of 10 US-listed ETFs that are selected for its sector or subsector that can take advantage of a particular phase in an economic cycle. MSSS was launched on Mar 6, 2024 and is issued by Monarch.