Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Short Interest Down 91.3% in May

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 240 shares, a decrease of 91.3% from the May 14th total of 2,758 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,006 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

A hedge fund recently raised its stake in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC raised its stake in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 9.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,809,675 shares of the company’s stock after buying an additional 338,557 shares during the period. Monarch Volume Factor Global Unconstrained Index ETF comprises about 1.8% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Kingsview Wealth Management LLC owned 98.70% of Monarch Volume Factor Global Unconstrained Index ETF worth $119,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Monarch Volume Factor Global Unconstrained Index ETF Stock Performance

Shares of MVFG stock traded up $0.15 during trading on Tuesday, reaching $34.38. 29,571 shares of the company’s stock traded hands, compared to its average volume of 14,980. The firm’s 50-day moving average is $33.85 and its 200 day moving average is $32.95. Monarch Volume Factor Global Unconstrained Index ETF has a 1 year low of $27.30 and a 1 year high of $35.02.

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.