AltShares Event-Driven ET (NYSEARCA:EVNT – Get Free Report)’s share price passed 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 changing hands.
AltShares Event-Driven ET Stock Performance
The firm’s 50-day simple moving average is $10.64 and its 200-day simple moving average is $10.30. The company has a market capitalization of $4.94 million, a price-to-earnings ratio of 18.53 and a beta of 0.41.
About AltShares Event-Driven ET
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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