Monarch ProCap Index ETF (BATS:MPRO) Short Interest Update

Monarch ProCap Index ETF (BATS:MPRO) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 364 shares, a decline of 98.8% from the April 30th total of 29,411 shares. Based on an average daily volume of 11,979 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

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) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 3,995 shares of the company’s stock, valued at approximately $123,000. Monarch ProCap Index ETF makes up about 0.0% of Premier Financial Group’s portfolio, making the stock its 23rd largest holding.

Monarch ProCap Index ETF Price Performance

BATS MPRO opened at $32.68 on Friday. The company’s 50 day simple moving average is $31.97 and its 200 day simple moving average is $31.58. Monarch ProCap Index ETF has a 12 month low of $29.02 and a 12 month high of $32.76. The company has a market capitalization of $274.51 million, a P/E ratio of 24.22 and a beta of 0.55.

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.