Monarch Dividend Plus Index ETF (BATS:MDPL) Sees Large Growth in Short Interest

Monarch Dividend Plus Index ETF (BATS:MDPL) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 3,621 shares, an increase of ? from the June 30th total of 0 shares. Based on an average daily volume of 27,470 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

Monarch Dividend Plus Index ETF Trading Up 0.7%

BATS:MDPL opened at $28.41 on Thursday. Monarch Dividend Plus Index ETF has a 1-year low of $24.46 and a 1-year high of $28.61. The firm has a fifty day simple moving average of $26.09 and a 200 day simple moving average of $26.38. The stock has a market capitalization of $61.93 million, a PE ratio of 12.20 and a beta of 0.69.

Institutional Trading of Monarch Dividend Plus Index ETF

An institutional investor recently raised its position in Monarch Dividend Plus Index ETF stock. Goldman Sachs Group Inc. increased its position in Monarch Dividend Plus Index ETF (BATS:MDPL) by 3.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,922 shares of the company’s stock after purchasing an additional 821 shares during the quarter. Goldman Sachs Group Inc. owned approximately 1.03% of Monarch Dividend Plus Index ETF worth $588,000 as of its most recent SEC filing.

Monarch Dividend Plus Index ETF Company Profile

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.