Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Stock Short Interest Report for October

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 6,288 shares, an increase of 432.9% from the September 30th total of 1,180 shares. Based on an average daily volume of 11,496 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of Monarch Volume Factor Dividend Tree Index ETF

A hedge fund recently bought a new position in Monarch Volume Factor Dividend Tree Index ETF stock. Root Financial Partners LLC purchased a new stake in Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,381 shares of the company’s stock, valued at approximately $161,000. Root Financial Partners LLC owned approximately 0.20% of Monarch Volume Factor Dividend Tree Index ETF at the end of the most recent reporting period.

Monarch Volume Factor Dividend Tree Index ETF Stock Performance

Shares of MVFD opened at $33.02 on Tuesday. Monarch Volume Factor Dividend Tree Index ETF has a twelve month low of $26.67 and a twelve month high of $33.43. The firm’s fifty day simple moving average is $31.44 and its 200-day simple moving average is $30.50.

Monarch Volume Factor Dividend Tree Index ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Thursday, September 24th were paid a dividend of $0.0847 per share. The ex-dividend date was Thursday, September 24th. This is a decrease from Monarch Volume Factor Dividend Tree Index ETF’s previous quarterly dividend of $0.1130. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.0%.

Monarch Volume Factor Dividend Tree Index ETF Company Profile

(Get Free Report)

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.

Recommended Stories

Receive News & Ratings for Monarch Volume Factor Dividend Tree Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Volume Factor Dividend Tree Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.