Short Interest in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) Increases By 3,035.4%

Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 7,525 shares, an increase of 3,035.4% from the May 31st total of 240 shares. Based on an average trading volume of 29,419 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Monarch Volume Factor Global Unconstrained Index ETF Stock Performance

MVFG traded up $0.04 during midday trading on Thursday, reaching $34.56. The company had a trading volume of 17,366 shares, compared to its average volume of 15,641. The business has a 50-day moving average of $34.36 and a two-hundred day moving average of $33.39. Monarch Volume Factor Global Unconstrained Index ETF has a 1 year low of $27.30 and a 1 year high of $35.53.

Institutional Investors Weigh In On Monarch Volume Factor Global Unconstrained Index ETF

An institutional investor recently raised its position in Monarch Volume Factor Global Unconstrained Index ETF stock. Kingsview Wealth Management LLC lifted its position in Monarch Volume Factor Global Unconstrained Index ETF (BATS:MVFG) by 3.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,942,453 shares of the company’s stock after purchasing an additional 132,778 shares during the period. Monarch Volume Factor Global Unconstrained Index ETF comprises 1.8% of Kingsview Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Kingsview Wealth Management LLC owned approximately 93.87% of Monarch Volume Factor Global Unconstrained Index ETF worth $122,413,000 at the end of the most recent reporting period.

About Monarch Volume Factor Global Unconstrained Index ETF

The Monarch Volume Factor Global Unconstrained Index ETF (MVFG) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund follows an equally-weighted index composed of equity ETFs that demonstrate positive cash flow. The fund targets ETFs with global market exposure, including emerging markets, and can toggle to Treasury ETFs in cases of market downturn MVFG was launched on Mar 6, 2024 and is issued by Monarch.