Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Down 58.0% in June

Monarch Ambassador Income Index ETF (BATS:MAMB) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 8,662 shares, a decline of 58.0% from the June 15th total of 20,639 shares. Based on an average daily volume of 16,789 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new position 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 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF makes up about 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th largest position. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent reporting period.

Monarch Ambassador Income Index ETF Price Performance

MAMB opened at $23.69 on Tuesday. The business has a 50 day simple moving average of $24.16 and a 200-day simple moving average of $24.26. Monarch Ambassador Income Index ETF has a 12 month low of $22.84 and a 12 month high of $24.83.

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.