Short Interest in Monarch Ambassador Income Index ETF (BATS:MAMB) Rises By 111.6%

Monarch Ambassador Income Index ETF (BATS:MAMB) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 18,327 shares, an increase of 111.6% from the June 30th total of 8,662 shares. Based on an average daily trading volume, of 40,439 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

Monarch Ambassador Income Index ETF Trading Up 0.3%

Shares of MAMB stock opened at $23.73 on Tuesday. The stock has a 50 day moving average price of $24.06 and a two-hundred day moving average price of $24.24. Monarch Ambassador Income Index ETF has a fifty-two week low of $22.97 and a fifty-two week high of $24.83.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Monarch Ambassador Income Index ETF stock. Premier Financial Group acquired a new position in Monarch Ambassador Income Index ETF (BATS:MAMB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 about 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent quarter.

About Monarch Ambassador Income Index ETF

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.