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

Arrow Reserve Capital Management ETF (BATS:ARCMGet Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 66 shares, a decline 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.

Arrow Reserve Capital Management ETF Stock Performance

Shares of BATS ARCM opened at $100.12 on Tuesday. Arrow Reserve Capital Management ETF has a fifty-two week low of $99.34 and a fifty-two week high of $101.26. The firm’s 50-day simple moving average is $100.23 and its 200 day simple moving average is $100.27.

Institutional Investors Weigh In On Arrow Reserve Capital Management ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ARCM. Compound Planning Inc. bought a new stake in shares of Arrow Reserve Capital Management ETF during the first quarter valued at about $366,000. LPL Financial LLC bought a new stake in shares of Arrow Reserve Capital Management ETF during the fourth quarter valued at about $750,000. Axim Planning & Wealth raised its stake in shares of 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 valued at $2,125,000 after purchasing an additional 6,678 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Arrow Reserve Capital Management ETF during the fourth quarter valued at about $3,315,000.

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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