AltShares Event-Driven ET (NYSEARCA:EVNT – Get Free Report) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.64 and traded as high as $10.73. AltShares Event-Driven ET shares last traded at $10.73, with a volume of 25 shares trading hands.
AltShares Event-Driven ET Stock Performance
The company has a 50 day moving average of $10.64 and a 200 day moving average of $10.29. The firm has a market cap of $4.93 million, a P/E ratio of 18.53 and a beta of 0.41.
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.
Recommended Stories
- Five stocks we like better than AltShares Event-Driven ET
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- Are Penny Stocks a Good Fit for Your Portfolio?
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- High Flyers: 3 Natural Gas Stocks for March 2022
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for AltShares Event-Driven ET Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AltShares Event-Driven ET and related companies with MarketBeat.com's FREE daily email newsletter.