Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Drops By 89.8%

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,264 shares, a drop of 89.8% from the August 15th total of 22,246 shares. Based on an average daily volume of 14,767 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Monarch Select Subsector Index ETF Trading Down 0.5%

BATS MSSS traded down $0.18 on Thursday, reaching $34.85. 9,190 shares of the company’s stock traded hands, compared to its average volume of 11,960. Monarch Select Subsector Index ETF has a fifty-two week low of $29.00 and a fifty-two week high of $37.18. The stock has a 50 day moving average price of $36.13 and a 200-day moving average price of $33.87.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Monarch Select Subsector Index ETF stock. Bank of America Corp DE purchased a new stake in Monarch Select Subsector Index ETF (BATS:MSSS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned 0.05% of Monarch Select Subsector Index ETF at the end of the most recent quarter.

About Monarch Select Subsector Index ETF

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.