Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Sees Large Growth in Short Interest

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 21,388 shares, an increase of 216.3% from the July 30th total of 6,763 shares. Based on an average daily trading volume, of 12,846 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the company’s shares are sold short.

Institutional Investors Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

An institutional investor recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC lifted its stake in shares of Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,942,453 shares of the company’s stock after purchasing an additional 132,778 shares during the quarter. Monarch Volume Factor Global Unconstrained Index ETF comprises 1.8% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. Kingsview Wealth Management LLC owned about 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Monarch Volume Factor Global Unconstrained Index ETF Trading Down 0.6%

BATS MVFG traded down $0.22 on Thursday, hitting $35.42. The company’s stock had a trading volume of 925 shares, compared to its average volume of 16,071. Monarch Volume Factor Global Unconstrained Index ETF has a 1-year low of $27.30 and a 1-year high of $35.98. The company’s 50-day moving average is $35.01 and its 200 day moving average is $34.21.

Monarch Volume Factor Global Unconstrained Index ETF Company Profile

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.