Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Short Interest Update

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,629 shares, a decrease of 88.1% from the July 30th total of 38,850 shares. Based on an average daily volume of 5,231 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are sold short.

Monarch Volume Factor Dividend Tree Index ETF Trading Up 0.5%

Shares of MVFD stock opened at $31.66 on Friday. Monarch Volume Factor Dividend Tree Index ETF has a 12 month low of $26.00 and a 12 month high of $31.86. The stock has a 50 day moving average of $30.61 and a 200-day moving average of $30.28.

Institutional Trading of Monarch Volume Factor Dividend Tree Index ETF

A hedge fund recently raised its position in Monarch Volume Factor Dividend Tree Index ETF stock. Kingsview Wealth Management LLC raised its stake in shares of Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) by 4.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,897,902 shares of the company’s stock after purchasing an additional 136,287 shares during the quarter. Monarch Volume Factor Dividend Tree Index ETF accounts for about 1.2% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 14th biggest position. Kingsview Wealth Management LLC owned about 95.33% of Monarch Volume Factor Dividend Tree Index ETF worth $81,699,000 as of its most recent filing with the SEC.

About Monarch Volume Factor Dividend Tree Index ETF

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.