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Convergence Long/Short Equity Etf

Convergence Long/Short Equity Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization1,022.69 mln

Business Description

This fund primarily invests in US company stocks, taking both long positions (betting on price increases) and short positions (betting on price decreases). At least 80% of its assets are used for these investments. The fund generally stays more long than short, with long holdings typically making up 90% to 150% of assets and short positions ranging from 20% to 70%.

Key Fundamentals

EPS2.26
P/E14.52
ROE35.85
ROIC19.05
ROA13.87
Interest Cover91.46
EV / EBITDA18.02
EV / EBIT18.25
EV / Revenue19.59

Quote Details

Last 32.77
Change -0.39 (-1.18%)
Open 32.98
Volume 810,859
Turnover 26,571,850
Average Volume 405,936

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.8% 30 / 100   
1 Month -3.65% 43 / 100   
2 Months -2.76% 46 / 100   
6 Months 4.3% 73 / 100   
1 Year 22.41% 81 / 100   



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