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

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFGGet Free Report) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 12,542 shares, a drop of 41.4% from the August 15th total of 21,388 shares. Based on an average trading volume of 11,070 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the company’s shares are sold short.

Monarch Volume Factor Global Unconstrained Index ETF Price Performance

Shares of BATS:MVFG opened at $34.61 on Wednesday. The business’s 50-day moving average is $35.11 and its 200-day moving average is $34.30. Monarch Volume Factor Global Unconstrained Index ETF has a 1 year low of $27.30 and a 1 year high of $35.98.

Monarch Volume Factor Global Unconstrained Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a $0.2041 dividend. This represents a $0.82 annualized dividend and a yield of 2.4%. This is a boost from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Thursday, June 25th.

Institutional Trading of Monarch Volume Factor Global Unconstrained Index ETF

A hedge fund recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC increased its stake in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFGFree Report) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,942,453 shares of the company’s stock after acquiring an additional 132,778 shares during the quarter. Monarch Volume Factor Global Unconstrained Index ETF accounts for approximately 1.8% of Kingsview Wealth Management LLC’s portfolio, making the stock its 8th largest position. Kingsview Wealth Management LLC owned approximately 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 as of its most recent SEC filing.

About Monarch Volume Factor Global Unconstrained Index ETF

(Get Free Report)

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.

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