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AltShares Merger Arbitrage Etf

AltShares Merger Arbitrage Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization110.18 mln

Business Description

This fund follows a global merger arbitrage strategy by tracking a specific market index. It typically puts at least 80% of its assets into the securities that make up that index, along with similar financial instruments tied to those same securities. The fund concentrates its holdings rather than spreading them broadly across many different investments.

Key Fundamentals

EPS1.60
P/E18.70
ROE-3.19
ROIC-8.94
ROA0.81
Interest Cover18.79
EV / EBITDA68.43
EV / EBIT28.30
EV / Revenue9.60

Quote Details

Last 29.92
Change -0.19 (-0.63%)
Open 30.16
Volume 8,656
Turnover 258,988
Average Volume 21,798

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.47% 34 / 100   
1 Month 1.94% 61 / 100   
2 Months 0.98% 64 / 100   
6 Months 1.36% 55 / 100   
1 Year 3.46% 44 / 100   



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