Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Rises By 50.4%

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 28,890 shares, an increase of 50.4% from the July 15th total of 19,204 shares. Currently, 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 12,745 shares, the days-to-cover ratio is currently 2.3 days.

Monarch Select Subsector Index ETF Stock Down 0.4%

BATS MSSS opened at $36.64 on Wednesday. Monarch Select Subsector Index ETF has a one year low of $29.00 and a one year high of $37.18. The company has a 50-day simple moving average of $35.76 and a 200-day simple moving average of $33.33.

Hedge Funds Weigh In On Monarch Select Subsector Index ETF

An institutional investor recently bought a new position in Monarch Select Subsector Index ETF stock. Bank of America Corp DE acquired a new position in Monarch Select Subsector Index ETF (BATS:MSSS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned 0.05% of Monarch Select Subsector Index ETF as of its most recent SEC filing.

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.