Monarch Ambassador Income Index ETF (BATS:MAMB) Sees Large Drop in Short Interest

Monarch Ambassador Income Index ETF (BATS:MAMBGet Free Report) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 8,662 shares, a decrease of 58.0% from the June 15th total of 20,639 shares. Based on an average trading volume of 16,789 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.

Monarch Ambassador Income Index ETF Price Performance

Shares of BATS:MAMB opened at $23.83 on Thursday. The stock’s 50-day simple moving average is $24.14 and its two-hundred day simple moving average is $24.26. Monarch Ambassador Income Index ETF has a 52-week low of $22.85 and a 52-week high of $24.83.

Hedge Funds Weigh In On Monarch Ambassador Income Index ETF

An institutional investor recently bought a new position in Monarch Ambassador Income Index ETF stock. Premier Financial Group bought a new stake in shares of Monarch Ambassador Income Index ETF (BATS:MAMBFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,937 shares of the company’s stock, valued at approximately $70,000. Monarch Ambassador Income Index ETF accounts for 0.0% of Premier Financial Group’s holdings, making the stock its 28th biggest holding. Premier Financial Group owned approximately 0.05% of Monarch Ambassador Income Index ETF at the end of the most recent quarter.

Monarch Ambassador Income Index ETF Company Profile

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The Monarch Ambassador Income ETF (MAMB) is an exchange-traded fund that is based on the Kingsview Ambassador Income index. The fund tracks an index that consists of mainly global fixed income ETFs, plus an alternative sleeve. Constituents are selected and weighted based on the economic cycle. MAMB was launched on Mar 23, 2021 and is managed by Monarch.

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