Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Drops By 40.3%

Monarch Select Subsector Index ETF (BATS:MSSS) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 17,536 shares, a decline of 40.3% from the May 31st total of 29,371 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,183 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On Monarch Select Subsector Index ETF

An institutional investor recently bought a new position in Monarch Select Subsector Index ETF stock. Bank of America Corp DE acquired a new stake in shares of Monarch Select Subsector Index ETF (BATS:MSSS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned approximately 0.05% of Monarch Select Subsector Index ETF as of its most recent SEC filing.

Monarch Select Subsector Index ETF Stock Up 0.9%

Shares of MSSS stock opened at $36.10 on Thursday. Monarch Select Subsector Index ETF has a 1-year low of $28.27 and a 1-year high of $36.22. The stock has a 50 day simple moving average of $33.94 and a 200-day simple moving average of $32.07.

Monarch Select Subsector Index ETF Company Profile

The Monarch Select Subsector Index ETF (MSSS) is an exchange-traded fund that is based on the Monarch Select Subsector index. The fund is a fund-of-funds that tracks an index of 10 US-listed ETFs that are selected for its sector or subsector that can take advantage of a particular phase in an economic cycle. MSSS was launched on Mar 6, 2024 and is issued by Monarch.