Monarch Select Subsector Index ETF (BATS:MSSS) Stock Short Interest Jumps 951.1%

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a significant increase in short interest in October. As of October 15th, there was short interest totaling 4,646 shares, an increase of 951.1% from the September 30th total of 442 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 6,453 shares, the short-interest ratio is presently 0.7 days.

Monarch Select Subsector Index ETF Trading Down 0.0%

MSSS opened at $36.47 on Tuesday. Monarch Select Subsector Index ETF has a 52-week low of $29.00 and a 52-week high of $37.18. The company has a 50 day moving average of $35.54 and a two-hundred day moving average of $33.69.

Hedge Funds Weigh In On Monarch Select Subsector Index ETF

An institutional investor recently bought a new stake in Monarch Select Subsector Index ETF stock. Royal Bank of Canada purchased a new position in shares of Monarch Select Subsector Index ETF (BATS:MSSS) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,265 shares of the company’s stock, valued at approximately $38,000.

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.