Arrow Reserve Capital Management ETF (BATS:ARCM – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 244 shares, a growth of 86.3% from the May 31st total of 131 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 148 shares, the days-to-cover ratio is currently 1.6 days.
Arrow Reserve Capital Management ETF Stock Performance
ARCM opened at $100.05 on Wednesday. The firm has a 50-day moving average of $100.24 and a 200 day moving average of $100.25. Arrow Reserve Capital Management ETF has a fifty-two week low of $99.34 and a fifty-two week high of $101.26.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. 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 purchased a new stake in Arrow Reserve Capital Management ETF in the fourth quarter worth $750,000. Finally, Jane Street Group LLC bought a new stake in shares of Arrow Reserve Capital Management ETF in the fourth quarter valued at $3,315,000.
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.
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