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

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a large decline in short interest in the month of 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. Based on an average daily trading volume, of 15,183 shares, the short-interest ratio is currently 1.2 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Trading of Monarch Select Subsector Index ETF

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

Monarch Select Subsector Index ETF Trading Up 0.4%

Shares of MSSS stock opened at $35.78 on Wednesday. Monarch Select Subsector Index ETF has a 12 month low of $28.27 and a 12 month high of $35.82. The company’s fifty day moving average price is $33.87 and its two-hundred day moving average price is $32.02.

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.