Short Interest in Monarch Select Subsector Index ETF (BATS:MSSS) Rises By 90.5%

Monarch Select Subsector Index ETF (BATS:MSSSGet Free Report) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 29,371 shares, an increase of 90.5% from the May 14th total of 15,421 shares. Based on an average trading volume of 8,450 shares, the days-to-cover ratio is presently 3.5 days. Currently, 1.0% of the shares of the company are sold short.

Institutional Trading of Monarch Select Subsector Index ETF

Large investors have recently added to or reduced their stakes in the business. Kingsview Wealth Management LLC increased its position in shares of Monarch Select Subsector Index ETF by 26.0% during the 3rd quarter. Kingsview Wealth Management LLC now owns 3,850,206 shares of the company’s stock valued at $118,317,000 after purchasing an additional 795,022 shares during the period. Bank of America Corp DE acquired a new position in shares of Monarch Select Subsector Index ETF during the 2nd quarter valued at $46,000. Finally, Royal Bank of Canada acquired a new position in shares of Monarch Select Subsector Index ETF during the 1st quarter valued at $38,000.

Monarch Select Subsector Index ETF Stock Performance

MSSS opened at $34.80 on Monday. Monarch Select Subsector Index ETF has a 12 month low of $28.27 and a 12 month high of $34.85. The stock’s 50 day moving average price is $32.97 and its 200 day moving average price is $31.63.

About Monarch Select Subsector Index ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for Monarch Select Subsector Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monarch Select Subsector Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.