Monarch Ambassador Income Index ETF (BATS:MAMB) Sees Significant Decline in Short Interest

Monarch Ambassador Income Index ETF (BATS:MAMBGet Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,275 shares, a decrease of 68.9% from the August 15th total of 7,322 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 23,460 shares, the short-interest ratio is currently 0.1 days.

Monarch Ambassador Income Index ETF Trading Down 0.0%

BATS MAMB opened at $23.58 on Friday. The stock has a 50 day moving average price of $23.84 and a 200-day moving average price of $24.12. Monarch Ambassador Income Index ETF has a one year low of $23.20 and a one year high of $24.83.

Monarch Ambassador Income Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.1633 per share. This represents a $0.65 annualized dividend and a yield of 2.8%. This is an increase from Monarch Ambassador Income Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Thursday, June 25th.

Institutional Trading of Monarch Ambassador Income Index ETF

A hedge fund recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new position in Monarch Ambassador Income Index ETF (BATS:MAMBFree Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF makes up 0.0% of Premier Financial Group’s portfolio, making the stock its 28th largest position. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF as of its most recent SEC filing.

Monarch Ambassador Income Index ETF Company Profile

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The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.

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