Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Decreases By 40.3%

Monarch Select Subsector Index ETF (BATS:MSSS) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 17,536 shares, a decrease of 40.3% from the May 31st total of 29,371 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 15,183 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Monarch Select Subsector Index ETF stock. Bank of America Corp DE acquired a new position in shares of Monarch Select Subsector Index ETF (BATS:MSSS) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned approximately 0.05% of Monarch Select Subsector Index ETF at the end of the most recent reporting period.

Monarch Select Subsector Index ETF Price Performance

MSSS stock opened at $35.78 on Wednesday. The firm has a 50 day simple moving average of $33.87 and a 200-day simple moving average of $32.02. Monarch Select Subsector Index ETF has a twelve month low of $28.27 and a twelve month high of $35.82.

Monarch Select Subsector Index ETF Company Profile

The Monarch Select Subsector Index ETF (MSSS) is an exchange-traded fund that is based on the Monarch Select Subsector index. The fund is a fund-of-funds that tracks an index of 10 US-listed ETFs that are selected for its sector or subsector that can take advantage of a particular phase in an economic cycle. MSSS was launched on Mar 6, 2024 and is issued by Monarch.