Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Short Interest Up 147.4% in May

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,758 shares, an increase of 147.4% from the April 30th total of 1,115 shares. Based on an average daily volume of 8,776 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Monarch Volume Factor Global Unconstrained Index ETF Stock Performance

Monarch Volume Factor Global Unconstrained Index ETF stock opened at $34.82 on Tuesday. The company has a 50-day moving average price of $33.60 and a 200 day moving average price of $32.78. Monarch Volume Factor Global Unconstrained Index ETF has a 12-month low of $27.30 and a 12-month high of $34.90.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC raised its position in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & 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 about 1.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Kingsview Wealth Management LLC owned about 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 at the end of the most recent reporting period.

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.