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

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 7,322 shares, a decline of 78.1% from the July 30th total of 33,472 shares. Based on an average daily volume of 14,267 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Monarch Ambassador Income Index ETF Stock Performance

Shares of MAMB remained flat at $24.07 during mid-day trading on Thursday. 43,605 shares of the stock traded hands, compared to its average volume of 26,344. The company has a 50-day moving average price of $23.92 and a 200-day moving average price of $24.18. Monarch Ambassador Income Index ETF has a 52-week low of $23.20 and a 52-week high of $24.83.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new position in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF makes up about 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th largest position. Premier Financial Group owned 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent quarter.

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.