Arrow Reserve Capital Management ETF (BATS:ARCM – Get Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 244 shares, an increase of 86.3% from the May 31st total of 131 shares. Based on an average daily trading volume, of 148 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.1% of the shares of the stock are short sold.
Arrow Reserve Capital Management ETF Stock Performance
Shares of Arrow Reserve Capital Management ETF stock opened at $100.08 on Thursday. Arrow Reserve Capital Management ETF has a twelve month low of $99.34 and a twelve month high of $101.26. The business has a 50-day moving average price of $100.23 and a 200-day moving average price of $100.25.
Hedge Funds Weigh In On Arrow Reserve Capital Management ETF
Several institutional investors have recently added to or reduced their stakes in the company. Compound Planning Inc. purchased a new stake in shares of Arrow Reserve Capital Management ETF during the 1st quarter worth approximately $366,000. LPL Financial LLC bought a new position in shares of Arrow Reserve Capital Management ETF during the 4th quarter valued at approximately $750,000. Finally, Jane Street Group LLC bought a new position in shares of Arrow Reserve Capital Management ETF during the 4th quarter valued at approximately $3,315,000.
About Arrow Reserve Capital Management ETF
The Arrow Reserve Capital Management ETF (ARCM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that seeks to preserve capital and maximize income potential by investing in investment-grade, short-term debt securities. ARCM was launched on Mar 31, 2017 and is managed by ArrowShares.
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