AltShares Event-Driven ETF (NYSEARCA:EVNT) Short Interest Up 332.9% in July

Posted by Teresa Graham on Jul 26th, 2026

AltShares Event-Driven ETF (NYSEARCA:EVNT – Get Free Report) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 5,316 shares, an increase of 332.9% from the June 30th total of 1,228 shares. Based on an average daily trading volume, of 2,509 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.5% of the shares of the stock are sold short.

AltShares Event-Driven ETF Stock Performance

Shares of AltShares Event-Driven ETF stock opened at $12.19 on Friday. The firm has a market cap of $12.56 million, a P/E ratio of 18.53 and a beta of 0.31. The firm’s 50-day simple moving average is $12.04 and its 200-day simple moving average is $11.84. AltShares Event-Driven ETF has a twelve month low of $10.35 and a twelve month high of $13.54.

Institutional Investors Weigh In On AltShares Event-Driven ETF

An institutional investor recently raised its stake in AltShares Event-Driven ETF stock. Sonoma Allocations LLC increased its stake in shares of AltShares Event-Driven ETF (NYSEARCA:EVNT – Free Report) by 129.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 348,455 shares of the company’s stock after buying an additional 196,657 shares during the quarter. AltShares Event-Driven ETF accounts for about 1.4% of Sonoma Allocations LLC’s investment portfolio, making the stock its 18th largest position. Sonoma Allocations LLC owned 40.05% of AltShares Event-Driven ETF worth $4,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

AltShares Event-Driven ETF 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. EVNT was launched on Dec 31, 2014 and is managed by Altshares.