Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Expands By 50.4%

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 28,890 shares, an increase of 50.4% from the July 15th total of 19,204 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average trading volume of 12,745 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Monarch Select Subsector Index ETF stock. Bank of America Corp DE bought a new stake in Monarch Select Subsector Index ETF (BATS:MSSS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned about 0.05% of Monarch Select Subsector Index ETF at the end of the most recent quarter.

Monarch Select Subsector Index ETF Stock Performance

MSSS opened at $36.78 on Tuesday. The company’s 50 day moving average is $35.71 and its 200-day moving average is $33.29. Monarch Select Subsector Index ETF has a 1-year low of $29.00 and a 1-year high of $37.18.

Monarch Select Subsector Index ETF Company Profile

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.