Monarch Dividend Plus Index ETF (BATS:MDPL) Short Interest Update

Monarch Dividend Plus Index ETF (BATS:MDPL) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 13,898 shares, a growth of 283.8% from the July 15th total of 3,621 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 11,831 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On Monarch Dividend Plus Index ETF

An institutional investor recently raised its stake in Monarch Dividend Plus Index ETF stock. Kingsview Wealth Management LLC grew its position in Monarch Dividend Plus Index ETF (BATS:MDPL) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,059,198 shares of the company’s stock after acquiring an additional 8,830 shares during the quarter. Monarch Dividend Plus Index ETF makes up approximately 0.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 23rd largest position. Kingsview Wealth Management LLC owned 97.13% of Monarch Dividend Plus Index ETF worth $55,269,000 at the end of the most recent quarter.

Monarch Dividend Plus Index ETF Price Performance

Shares of MDPL opened at $30.07 on Friday. Monarch Dividend Plus Index ETF has a 12 month low of $24.46 and a 12 month high of $30.21. The stock has a market cap of $65.55 million, a PE ratio of 12.20 and a beta of 0.69. The stock’s 50-day moving average is $26.77 and its two-hundred day moving average is $26.50.

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.