Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Sees Large Increase in Short Interest

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 18,251 shares, a growth of 75.5% from the June 30th total of 10,398 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily volume of 25,351 shares, the short-interest ratio is presently 0.7 days.

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

A hedge fund recently raised its position 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 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,942,453 shares of the company’s stock after acquiring an additional 132,778 shares during the period. Monarch Volume Factor Global Unconstrained Index ETF accounts for about 1.8% of Kingsview Wealth Management LLC’s investment portfolio, 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 as of its most recent filing with the Securities & Exchange Commission.

Monarch Volume Factor Global Unconstrained Index ETF Stock Performance

Monarch Volume Factor Global Unconstrained Index ETF stock opened at $34.64 on Thursday. Monarch Volume Factor Global Unconstrained Index ETF has a 1 year low of $27.30 and a 1 year high of $35.53. The firm’s 50-day moving average is $34.69 and its 200-day moving average is $33.94.

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.