Monarch Dividend Plus Index ETF (BATS:MDPL – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 75 shares, a drop of 99.8% from the April 30th total of 36,003 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 7,498 shares, the days-to-cover ratio is currently 0.0 days.
Monarch Dividend Plus Index ETF Stock Up 0.2%
Shares of Monarch Dividend Plus Index ETF stock opened at $26.22 on Friday. The stock has a market capitalization of $57.16 million, a P/E ratio of 12.20 and a beta of 0.69. The company has a 50-day simple moving average of $25.99 and a 200 day simple moving average of $26.52. Monarch Dividend Plus Index ETF has a 12-month low of $25.05 and a 12-month high of $28.15.
Institutional Investors Weigh In On Monarch Dividend Plus Index ETF
An institutional investor recently raised its position in Monarch Dividend Plus Index ETF stock. Kingsview Wealth Management LLC increased its position in shares of Monarch Dividend Plus Index ETF (BATS:MDPL – Free Report) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,059,198 shares of the company’s stock after purchasing an additional 8,830 shares during the quarter. Monarch Dividend Plus Index ETF makes up approximately 0.8% of Kingsview Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Kingsview Wealth Management LLC owned approximately 97.13% of Monarch Dividend Plus Index ETF worth $55,269,000 at the end of the most recent reporting period.
Monarch Dividend Plus Index ETF Company Profile
The Monarch Dividend Plus Index ETF (MDPL) is an exchange-traded fund that is based on the Monarch Dividend Plus index. MPDL tracks an equal-weighted index of 30 dividend-paying stocks that are expected to provide dividend income and capital appreciation. MDPL was launched on Mar 6, 2024 and is issued by Monarch.
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