Short Interest in Monarch ProCap Index ETF (BATS:MPRO) Decreases By 41.5%

Monarch ProCap Index ETF (BATS:MPRO) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 1,810 shares, a decline of 41.5% from the May 31st total of 3,093 shares. Based on an average daily trading volume, of 27,545 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Monarch ProCap Index ETF

A hedge fund recently bought a new stake in Monarch ProCap Index ETF stock. Premier Financial Group purchased a new stake in Monarch ProCap Index ETF (BATS:MPRO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,995 shares of the company’s stock, valued at approximately $123,000. Monarch ProCap Index ETF comprises 0.0% of Premier Financial Group’s investment portfolio, making the stock its 23rd biggest position.

Monarch ProCap Index ETF Trading Down 0.3%

Shares of BATS MPRO opened at $32.65 on Wednesday. The company’s 50-day moving average price is $32.43 and its 200 day moving average price is $31.87. Monarch ProCap Index ETF has a 52 week low of $29.48 and a 52 week high of $32.85. The stock has a market cap of $274.26 million, a price-to-earnings 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.