Short Interest in Arrow Reserve Capital Management ETF (BATS:ARCM) Declines By 51.4%

Arrow Reserve Capital Management ETF (BATS:ARCM) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 141 shares, a decline of 51.4% from the August 15th total of 290 shares. Based on an average daily trading volume, of 396 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

Arrow Reserve Capital Management ETF Stock Performance

Shares of Arrow Reserve Capital Management ETF stock opened at $100.11 on Wednesday. The business has a fifty day simple moving average of $100.19 and a 200-day simple moving average of $100.21. Arrow Reserve Capital Management ETF has a fifty-two week low of $99.34 and a fifty-two week high of $101.26.

Arrow Reserve Capital Management ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Friday, July 31st were given a dividend of $0.3168 per share. This is a positive change from Arrow Reserve Capital Management ETF’s previous monthly dividend of $0.28. The ex-dividend date was Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 3.8%.

Hedge Funds Weigh In On Arrow Reserve Capital Management ETF

An institutional investor recently bought a new position in Arrow Reserve Capital Management ETF stock. Compound Planning Inc. purchased a new position in Arrow Reserve Capital Management ETF (BATS:ARCM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 3,662 shares of the company’s stock, valued at approximately $366,000. Compound Planning Inc. owned about 0.80% of Arrow Reserve Capital Management ETF as of its most recent filing with the Securities & Exchange Commission.

Arrow Reserve Capital Management ETF Company Profile

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.