Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Up 111.6% in July

Monarch Ambassador Income Index ETF (BATS:MAMB) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 18,327 shares, a growth of 111.6% from the June 30th total of 8,662 shares. Based on an average daily volume of 40,439 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Monarch Ambassador Income Index ETF Stock Up 0.3%

Shares of MAMB stock opened at $23.73 on Tuesday. The company has a 50 day simple moving average of $24.06 and a two-hundred day simple moving average of $24.24. Monarch Ambassador Income Index ETF has a 12 month low of $22.97 and a 12 month high of $24.83.

Hedge Funds Weigh In On Monarch Ambassador Income Index ETF

A hedge fund recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group bought a new position in Monarch Ambassador Income Index ETF (BATS:MAMB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF accounts for 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th biggest position. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent reporting period.

Monarch Ambassador Income Index ETF Company Profile

The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.