Monarch Select Subsector Index ETF (BATS:MSSS) Sees Large Increase in Short Interest

Monarch Select Subsector Index ETF (BATS:MSSS) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 11,966 shares, a growth of 157.6% from the October 15th total of 4,646 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 21,715 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Monarch Select Subsector Index ETF stock. Royal Bank of Canada bought a new stake in Monarch Select Subsector Index ETF (BATS:MSSS) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,265 shares of the company’s stock, valued at approximately $38,000.

Monarch Select Subsector Index ETF Price Performance

BATS MSSS traded down $0.03 on Friday, reaching $37.99. The company had a trading volume of 11,633 shares, compared to its average volume of 12,312. Monarch Select Subsector Index ETF has a 1 year low of $29.00 and a 1 year high of $38.90. The firm has a 50-day moving average of $35.87 and a 200-day moving average of $34.13. The firm has a market capitalization of $161.84 million, a PE ratio of 19.23 and a beta of 0.92.

Monarch Select Subsector Index ETF Company Profile

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.