Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Sees Large Decrease in Short Interest

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,606 shares, a decrease of 72.9% from the September 30th total of 5,935 shares. Based on an average daily trading volume, of 13,790 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

An institutional investor recently bought a new stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Root Financial Partners LLC bought a new position in shares of Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 9,559 shares of the company’s stock, valued at approximately $322,000. Root Financial Partners LLC owned 0.27% of Monarch Volume Factor Global Unconstrained Index ETF as of its most recent SEC filing.

Monarch Volume Factor Global Unconstrained Index ETF Trading Up 0.5%

MVFG stock opened at $34.60 on Friday. Monarch Volume Factor Global Unconstrained Index ETF has a fifty-two week low of $27.30 and a fifty-two week high of $35.98. The stock has a fifty day moving average of $34.55 and a 200-day moving average of $34.21.

Monarch Volume Factor Global Unconstrained Index ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Investors of record on Thursday, September 24th were paid a $0.0673 dividend. The ex-dividend date was Thursday, September 24th. This represents a $0.27 dividend on an annualized basis and a yield of 0.8%. This is a decrease from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.2041.

About Monarch Volume Factor Global Unconstrained Index ETF

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.