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

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 18,327 shares, an increase of 111.6% from the June 30th total of 8,662 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 40,439 shares, the days-to-cover ratio is currently 0.5 days.

Monarch Ambassador Income Index ETF Stock Performance

Shares of MAMB stock opened at $23.75 on Wednesday. Monarch Ambassador Income Index ETF has a fifty-two week low of $22.99 and a fifty-two week high of $24.83. The stock’s 50-day simple moving average is $24.06 and its 200-day simple moving average is $24.24.

Institutional Trading of Monarch Ambassador Income Index ETF

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new stake in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 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 investment portfolio, making the stock its 28th biggest holding. 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.