Monarch Ambassador Income Index ETF (BATS:MAMB) Short Interest Update

Monarch Ambassador Income Index ETF (BATS:MAMB) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 71,705 shares, a growth of 613.4% from the April 15th total of 10,051 shares. Based on an average daily trading volume, of 59,458 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.3% of the company’s shares are sold short.

Monarch Ambassador Income Index ETF Trading Down 0.1%

Shares of MAMB opened at $24.36 on Tuesday. Monarch Ambassador Income Index ETF has a 1-year low of $22.52 and a 1-year high of $24.83. The company has a 50-day moving average of $24.30 and a 200 day moving average of $24.23.

Institutional Investors Weigh In On Monarch Ambassador Income Index ETF

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group bought a new stake in shares of Monarch Ambassador Income Index ETF (BATS:MAMB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF makes up approximately 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th largest position. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF as of its most recent filing with the Securities and Exchange Commission.

Monarch Ambassador Income Index ETF Company Profile

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.