Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD) Stock Short Interest Report for October

Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Get Free Report) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 1,382 shares, a decrease of 78.0% from the October 15th total of 6,288 shares. Based on an average daily volume of 17,280 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Monarch Volume Factor Dividend Tree Index ETF stock. Envestnet Asset Management Inc. increased its position in shares of Monarch Volume Factor Dividend Tree Index ETF (BATS:MVFD – Free Report) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,530 shares of the company’s stock after acquiring an additional 2,369 shares during the quarter. Envestnet Asset Management Inc. owned about 2.01% of Monarch Volume Factor Dividend Tree Index ETF worth $1,635,000 as of its most recent SEC filing.

Monarch Volume Factor Dividend Tree Index ETF Price Performance

Monarch Volume Factor Dividend Tree Index ETF stock opened at $34.12 on Thursday. The firm has a market capitalization of $147.06 million, a P/E ratio of 16.70 and a beta of 0.63. The stock has a fifty day moving average price of $31.96 and a two-hundred day moving average price of $30.72. Monarch Volume Factor Dividend Tree Index ETF has a 52-week low of $26.67 and a 52-week high of $34.81.

Monarch Volume Factor Dividend Tree Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.0847 per share. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $0.34 dividend on an annualized basis and a yield of 1.0%. This is a decrease from Monarch Volume Factor Dividend Tree Index ETF’s previous quarterly dividend of $0.1130.

Monarch Volume Factor Dividend Tree Index ETF Company Profile

(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.

Recommended Stories

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