Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Sees Significant Decrease in Short Interest

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 12,542 shares, a decline of 41.4% from the August 15th total of 21,388 shares. Based on an average daily trading volume, of 11,070 shares, the short-interest ratio is currently 1.1 days. Approximately 0.4% of the company’s shares are sold short.

Institutional Investors Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

A hedge fund recently raised its position in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC increased its position in shares of Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,942,453 shares of the company’s stock after buying an additional 132,778 shares during the period. Monarch Volume Factor Global Unconstrained Index ETF accounts for 1.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Kingsview Wealth Management LLC owned about 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 at the end of the most recent reporting period.

Monarch Volume Factor Global Unconstrained Index ETF Stock Performance

Shares of MVFG opened at $34.61 on Wednesday. Monarch Volume Factor Global Unconstrained Index ETF has a 1 year low of $27.30 and a 1 year high of $35.98. The business has a 50-day moving average of $35.11 and a 200-day moving average of $34.30.

Monarch Volume Factor Global Unconstrained Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.2041 dividend. This is an increase from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Thursday, June 25th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.4%.

Monarch Volume Factor Global Unconstrained Index ETF Company Profile

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.