Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Short Interest Down 41.4% in August

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 12,542 shares, a decline of 41.4% from the August 15th total of 21,388 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 11,070 shares, the days-to-cover ratio is currently 1.1 days.

Hedge Funds Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

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

Monarch Volume Factor Global Unconstrained Index ETF Price Performance

MVFG opened at $34.62 on Friday. Monarch Volume Factor Global Unconstrained Index ETF has a fifty-two week low of $27.30 and a fifty-two week high of $35.98. The stock has a fifty day moving average of $35.11 and a 200-day moving average of $34.30.

Monarch Volume Factor Global Unconstrained Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.2041 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Thursday, June 25th. This is a boost from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.08.

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.