Monarch Select Subsector Index ETF (BATS:MSSS) Sees Large Growth in Short Interest

Monarch Select Subsector Index ETF (BATS:MSSS) saw a large increase in short interest in the month of 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. Based on an average trading volume of 6,453 shares, the short-interest ratio is presently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

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

Monarch Select Subsector Index ETF Trading Down 0.2%

MSSS opened at $36.41 on Wednesday. Monarch Select Subsector Index ETF has a 1-year low of $29.00 and a 1-year high of $37.18. The company has a 50 day simple moving average of $35.53 and a two-hundred day simple moving average of $33.72.

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.