Monarch Select Subsector Index ETF (BATS:MSSS) Short Interest Down 89.8% in August

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,264 shares, a decline of 89.8% from the August 15th total of 22,246 shares. Based on an average daily volume of 14,767 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Monarch Select Subsector Index ETF Stock Down 0.5%

Shares of BATS MSSS opened at $34.85 on Friday. Monarch Select Subsector Index ETF has a twelve month low of $29.00 and a twelve month high of $37.18. The business has a fifty day simple moving average of $36.10 and a two-hundred day simple moving average of $33.89.

Institutional Trading of Monarch Select Subsector Index ETF

A hedge fund recently bought a new position in Monarch Select Subsector Index ETF stock. Royal Bank of Canada bought a new position in shares of Monarch Select Subsector Index ETF (BATS:MSSS) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,265 shares of the company’s stock, valued at approximately $38,000.

About Monarch Select Subsector Index ETF

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.