Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Update

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 33,472 shares, a growth of 82.6% from the July 15th total of 18,327 shares. Based on an average daily volume of 22,031 shares, the short-interest ratio is currently 1.5 days. Currently, 0.6% of the company’s shares are sold short.

Monarch Ambassador Income Index ETF Stock Performance

Shares of MAMB stock opened at $23.95 on Monday. The stock has a 50 day simple moving average of $23.95 and a two-hundred day simple moving average of $24.20. Monarch Ambassador Income Index ETF has a fifty-two week low of $23.13 and a fifty-two week high of $24.83.

Institutional Trading of Monarch Ambassador Income Index ETF

A hedge fund recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group acquired a new stake in Monarch Ambassador Income Index ETF (BATS:MAMB) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF makes up 0.0% of Premier Financial Group’s portfolio, making the stock its 28th biggest holding. Premier Financial Group owned 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.