Monarch Select Subsector Index ETF (BATS:MSSS) Sees Significant Decrease in Short Interest

Monarch Select Subsector Index ETF (BATS:MSSSGet Free Report) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 2,264 shares, a drop of 89.8% from the August 15th total of 22,246 shares. Based on an average daily volume of 14,767 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Monarch Select Subsector Index ETF stock. Bank of America Corp DE purchased a new stake in shares of Monarch Select Subsector Index ETF (BATS:MSSSFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,558 shares of the company’s stock, valued at approximately $46,000. Bank of America Corp DE owned about 0.05% of Monarch Select Subsector Index ETF at the end of the most recent reporting period.

Monarch Select Subsector Index ETF Stock Performance

BATS:MSSS opened at $35.07 on Friday. The stock’s 50 day moving average price is $36.07 and its two-hundred day moving average price is $33.90. Monarch Select Subsector Index ETF has a 12-month low of $29.00 and a 12-month high of $37.18.

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.

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