AltShares Event-Driven ET (NYSEARCA:EVNT) Stock Price Cross Above 50 Day Moving Average – Time to Sell?

AltShares Event-Driven ET (NYSEARCA:EVNTGet 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

(Get Free Report)

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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