Monarch Dividend Plus Index ETF (BATS:MDPL) Short Interest Update

Monarch Dividend Plus Index ETF (BATS:MDPL) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 407 shares, a decrease of 60.2% from the August 31st total of 1,023 shares. Based on an average daily volume of 6,742 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Monarch Dividend Plus Index ETF Price Performance

Shares of BATS:MDPL opened at $27.20 on Wednesday. The firm has a market capitalization of $59.30 million, a PE ratio of 12.20 and a beta of 0.69. The business has a 50 day simple moving average of $29.22 and a two-hundred day simple moving average of $27.09. Monarch Dividend Plus Index ETF has a 1 year low of $24.46 and a 1 year high of $31.17.

Monarch Dividend Plus Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Thursday, September 24th were given a $0.0847 dividend. This is a drop from Monarch Dividend Plus Index ETF’s previous quarterly dividend of $0.0885. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.34 annualized dividend and a yield of 1.2%.

About Monarch Dividend Plus Index ETF

The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.