AltShares Event-Driven ET (NYSEARCA:EVNT – Get Free Report) dropped 0.3% during mid-day trading on Tuesday . The company traded as low as $10.64 and last traded at $10.64. Approximately 1 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 1,227 shares. The stock had previously closed at $10.67.
AltShares Event-Driven ET Price Performance
The firm has a market cap of $4.89 million, a PE ratio of 18.53 and a beta of 0.41. The stock’s fifty day simple moving average is $10.52 and its 200-day simple moving average is $10.15.
AltShares Event-Driven ET Company Profile
The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event.
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