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

Monarch Ambassador Income Index ETF (BATS:MAMB) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 11,518 shares, an increase of 73.3% from the May 14th total of 6,645 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 17,571 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of 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 Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF accounts for approximately 0.0% of Premier Financial Group’s investment portfolio, making the stock its 28th biggest holding. Premier Financial Group owned 0.05% of Monarch Ambassador Income Index ETF as of its most recent SEC filing.

Monarch Ambassador Income Index ETF Price Performance

Shares of BATS MAMB opened at $24.36 on Wednesday. Monarch Ambassador Income Index ETF has a 52-week low of $22.84 and a 52-week high of $24.83. The business’s 50 day moving average is $24.25 and its two-hundred day moving average is $24.26.

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.