Monarch Select Subsector Index ETF (BATS:MSSS) Sees Large Decrease in Short Interest

Monarch Select Subsector Index ETF (BATS:MSSS) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 442 shares, a decline of 83.8% from the September 15th total of 2,731 shares. Based on an average trading volume of 10,460 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Monarch Select Subsector Index ETF

A hedge fund recently bought a new stake in Monarch Select Subsector Index ETF stock. Royal Bank of Canada bought a new position in shares of Monarch Select Subsector Index ETF (BATS:MSSS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,265 shares of the company’s stock, valued at approximately $38,000.

Monarch Select Subsector Index ETF Price Performance

BATS MSSS opened at $35.02 on Monday. Monarch Select Subsector Index ETF has a 52-week low of $29.00 and a 52-week high of $37.18. The firm has a 50-day moving average price of $35.69 and a 200 day moving average price of $34.41.

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.