Monarch ProCap Index ETF (BATS:MPRO) Short Interest Up 749.7% in May

Monarch ProCap Index ETF (BATS:MPROGet Free Report) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 3,093 shares, a growth of 749.7% from the May 14th total of 364 shares. Based on an average daily volume of 18,255 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Monarch ProCap Index ETF

An institutional investor recently bought a new position in Monarch ProCap Index ETF stock. Premier Financial Group bought a new position in shares of Monarch ProCap Index ETF (BATS:MPROFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,995 shares of the company’s stock, valued at approximately $123,000. Monarch ProCap Index ETF makes up 0.0% of Premier Financial Group’s holdings, making the stock its 23rd largest position.

Monarch ProCap Index ETF Trading Up 0.5%

Shares of MPRO stock opened at $32.50 on Wednesday. The business’s 50 day moving average is $32.16 and its two-hundred day moving average is $31.69. Monarch ProCap Index ETF has a twelve month low of $29.25 and a twelve month high of $32.76. The company has a market capitalization of $273 million, a P/E ratio of 24.22 and a beta of 0.55.

Monarch ProCap Index ETF Company Profile

(Get Free Report)

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.

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