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

Monarch ProCap Index ETF (BATS:MPRO) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 33,631 shares, a growth of 111.2% from the July 15th total of 15,921 shares. Based on an average trading volume of 17,499 shares, the short-interest ratio is presently 1.9 days. Approximately 0.4% of the company’s shares are short sold.

Institutional Trading of Monarch ProCap Index ETF

A hedge fund recently bought a new position in Monarch ProCap Index ETF stock. Premier Financial Group acquired a new stake in Monarch ProCap Index ETF (BATS:MPRO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 investment portfolio, making the stock its 23rd biggest holding.

Monarch ProCap Index ETF Trading Down 0.2%

Shares of MPRO stock opened at $32.67 on Friday. The company’s fifty day simple moving average is $32.62 and its 200-day simple moving average is $32.26. Monarch ProCap Index ETF has a 52 week low of $30.02 and a 52 week high of $32.99. The company has a market cap of $274.43 million, a PE ratio of 24.22 and a beta of 0.55.

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.