Monarch ProCap Index ETF (BATS:MPRO) Short Interest Update

Monarch ProCap Index ETF (BATS:MPRO) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,810 shares, a decline of 41.5% from the May 31st total of 3,093 shares. Based on an average trading volume of 27,545 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Monarch ProCap Index ETF Trading Up 0.2%

Shares of MPRO stock opened at $32.70 on Thursday. Monarch ProCap Index ETF has a twelve month low of $29.48 and a twelve month high of $32.85. The company’s 50-day moving average price is $32.43 and its 200-day moving average price is $31.89. The stock has a market cap of $274.68 million, a price-to-earnings ratio of 24.22 and a beta of 0.55.

Hedge Funds Weigh In On Monarch ProCap Index ETF

A hedge fund recently bought a new stake in Monarch ProCap Index ETF stock. Premier Financial Group purchased a new stake in Monarch ProCap Index ETF (BATS:MPRO) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 3,995 shares of the company’s stock, valued at approximately $123,000. Monarch ProCap Index ETF accounts for approximately 0.0% of Premier Financial Group’s holdings, making the stock its 23rd largest position.

Monarch ProCap Index ETF Company Profile

The Monarch ProCap ETF (MPRO) is an exchange-traded fund that is based on the Kingsview ProCap index. The fund tracks an index that allocates 90% to global equity and fixed income and 10% to alternatives, depending on the economic cycles. MPRO was launched on Mar 23, 2021 and is managed by Monarch.