Short Interest in Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Expands By 183.9%

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Get Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 43,212 shares, a growth of 183.9% from the May 31st total of 15,223 shares. Based on an average daily trading volume, of 16,877 shares, the short-interest ratio is presently 2.6 days. Approximately 1.6% of the company’s stock are short sold.

Monarch Volume Factor Dividend Tree Index ETF Trading Down 0.2%

MVFD stock opened at $29.98 on Friday. Monarch Volume Factor Dividend Tree Index ETF has a 1 year low of $25.42 and a 1 year high of $31.86. The stock has a 50-day simple moving average of $30.30 and a 200-day simple moving average of $29.92.

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Institutional Trading of Monarch Volume Factor Dividend Tree Index ETF

A hedge fund recently raised its position in Monarch Volume Factor Dividend Tree Index ETF stock. Kingsview Wealth Management LLC grew its position in shares of Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Free Report) by 3.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,761,615 shares of the company’s stock after purchasing an additional 89,379 shares during the period. Monarch Volume Factor Dividend Tree Index ETF makes up about 1.1% of Kingsview Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. Kingsview Wealth Management LLC owned approximately 98.63% of Monarch Volume Factor Dividend Tree Index ETF worth $74,724,000 at the end of the most recent reporting period.

About Monarch Volume Factor Dividend Tree Index ETF

(Get Free Report)

The Monarch Volume Factor Dividend Tree Index ETF (MVFD) is an exchange-traded fund that is based on the Monarch Volume Factor Dividend Tree index. The fund tracks an equal-weighted index comprised of US equities that are exhibiting positive cash flow and dividend-paying capabilities. The fund can toggle to short-term US Treasury securities when cash flow trend is negative. MVFD was launched on Mar 6, 2024 and is issued by Monarch.

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