Monarch Dividend Plus Index ETF (BATS:MDPL) Stock Short Interest Report for October

Monarch Dividend Plus Index ETF (BATS:MDPL) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 107 shares, a decrease of 89.8% from the September 30th total of 1,049 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,605 shares, the short-interest ratio is presently 0.0 days.

Monarch Dividend Plus Index ETF Price Performance

BATS:MDPL traded down $0.05 during midday trading on Monday, reaching $30.36. The stock had a trading volume of 4,070 shares, compared to its average volume of 10,574. Monarch Dividend Plus Index ETF has a 1-year low of $24.46 and a 1-year high of $31.17. The firm’s fifty day simple moving average is $29.33 and its 200-day simple moving average is $27.50. The stock has a market capitalization of $66.18 million, a P/E ratio of 12.20 and a beta of 0.69.

Monarch Dividend Plus Index ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.0847 per share. This represents a $0.34 dividend on an annualized basis and a yield of 1.1%. This is a negative change from Monarch Dividend Plus Index ETF’s previous quarterly dividend of $0.0885. The ex-dividend date was Thursday, September 24th.

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.