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

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,525 shares, an increase of 3,035.4% from the May 31st total of 240 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 29,419 shares, the short-interest ratio is presently 0.3 days.

Monarch Volume Factor Global Unconstrained Index ETF Trading Down 0.4%

BATS:MVFG opened at $34.41 on Friday. The stock has a 50-day moving average price of $34.39 and a 200 day moving average price of $33.43. Monarch Volume Factor Global Unconstrained Index ETF has a 12-month low of $27.30 and a 12-month high of $35.53.

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

An institutional investor recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC lifted its stake in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 9.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,809,675 shares of the company’s stock after buying an additional 338,557 shares during the quarter. Monarch Volume Factor Global Unconstrained Index ETF makes up about 1.8% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 8th largest position. Kingsview Wealth Management LLC owned about 98.70% of Monarch Volume Factor Global Unconstrained Index ETF worth $119,254,000 as of its most recent filing with the SEC.

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.