Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Shares Shorted: Short Interest Down 44.8% in September

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 6,927 shares, a decrease of 44.8% from the August 31st total of 12,542 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 9,635 shares, the days-to-cover ratio is currently 0.7 days.

Monarch Volume Factor Global Unconstrained Index ETF Price Performance

BATS:MVFG opened at $33.90 on Wednesday. Monarch Volume Factor Global Unconstrained Index ETF has a 1-year low of $27.30 and a 1-year high of $35.98. The business’s 50-day moving average price is $35.04 and its two-hundred day moving average price is $34.34.

Monarch Volume Factor Global Unconstrained Index ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 29th. Stockholders of record on Thursday, September 24th were paid a $0.0673 dividend. This is a drop from Monarch Volume Factor Global Unconstrained Index ETF’s previous quarterly dividend of $0.2041. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.8%.

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.