AltShares Event-Driven ET (NYSEARCA:EVNT) Trading Down 0% – Here’s Why

Shares of AltShares Event-Driven ET (NYSEARCA:EVNTGet Free Report) were down 0% during trading on Wednesday . The stock traded as low as $10.69 and last traded at $10.69. Approximately 1,474 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 1,178 shares. The stock had previously closed at $10.70.

AltShares Event-Driven ET Trading Down 0.3 %

The company has a market capitalization of $4.90 million, a PE ratio of 18.53 and a beta of 0.41. The firm’s 50-day simple moving average is $10.60 and its 200-day simple moving average is $10.24.

About AltShares Event-Driven ET

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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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