Short Interest in Monarch Ambassador Income Index ETF (BATS:MAMB) Declines By 90.7%

Monarch Ambassador Income Index ETF (BATS:MAMB) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 6,645 shares, a decrease of 90.7% from the April 30th total of 71,705 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 14,563 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group purchased a new stake in Monarch Ambassador Income Index ETF (BATS:MAMB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF accounts for about 0.0% of Premier Financial Group’s portfolio, making the stock its 28th biggest position. Premier Financial Group owned about 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent reporting period.

Monarch Ambassador Income Index ETF Price Performance

Monarch Ambassador Income Index ETF stock opened at $24.23 on Thursday. Monarch Ambassador Income Index ETF has a twelve month low of $22.68 and a twelve month high of $24.83. The company’s 50-day moving average price is $24.21 and its two-hundred day moving average price is $24.24.

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.