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

Monarch Ambassador Income Index ETF (BATS:MAMB) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 11,518 shares, a growth of 73.3% from the May 14th total of 6,645 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 17,571 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of Monarch Ambassador Income Index ETF

A hedge fund recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group bought a new position in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF comprises about 0.0% of Premier Financial Group’s holdings, making the stock its 28th biggest position. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF as of its most recent SEC filing.

Monarch Ambassador Income Index ETF Price Performance

MAMB stock opened at $24.22 on Monday. Monarch Ambassador Income Index ETF has a 12 month low of $22.84 and a 12 month high of $24.83. The firm has a 50-day moving average price of $24.25 and a 200-day moving average price of $24.26.

About Monarch Ambassador Income Index ETF

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.