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

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 18,251 shares, an increase of 75.5% from the June 30th total of 10,398 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 25,351 shares, the days-to-cover ratio is currently 0.7 days.

Monarch Volume Factor Global Unconstrained Index ETF Trading Down 1.0%

BATS:MVFG opened at $34.64 on Thursday. Monarch Volume Factor Global Unconstrained Index ETF has a one year low of $27.30 and a one year high of $35.53. The stock has a 50-day simple moving average of $34.69 and a 200 day simple moving average of $33.94.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC grew its position in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 makes up approximately 1.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 8th largest position. Kingsview Wealth Management LLC owned 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 at the end of the most recent quarter.

Monarch Volume Factor Global Unconstrained Index ETF Company Profile

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.