Arrow Reserve Capital Management ETF (BATS:ARCM) Sees Significant Drop in Short Interest

by · The Markets Daily

Arrow Reserve Capital Management ETF (BATS:ARCM – Get Free Report) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 66 shares, a drop of 41.1% from the April 30th total of 112 shares. Based on an average daily volume of 705 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Arrow Reserve Capital Management ETF

Several large investors have recently added to or reduced their stakes in ARCM. Axim Planning & Wealth lifted its stake in Arrow Reserve Capital Management ETF by 46.0% during the third quarter. Axim Planning & Wealth now owns 21,209 shares of the company’s stock worth $2,125,000 after purchasing an additional 6,678 shares during the last quarter. LPL Financial LLC bought a new position in Arrow Reserve Capital Management ETF during the fourth quarter worth $750,000. Jane Street Group LLC bought a new position in Arrow Reserve Capital Management ETF during the fourth quarter worth $3,315,000. Finally, Compound Planning Inc. bought a new position in Arrow Reserve Capital Management ETF during the first quarter worth $366,000.

Arrow Reserve Capital Management ETF Stock Performance

Shares of ARCM opened at $100.12 on Tuesday. The business’s fifty day moving average price is $100.23 and its 200 day moving average price is $100.27. Arrow Reserve Capital Management ETF has a 12-month low of $99.34 and a 12-month high of $101.26.

Arrow Reserve Capital Management ETF Company Profile

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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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