Short Interest in Arrow Reserve Capital Management ETF (BATS:ARCM) Drops By 41.1%

Arrow Reserve Capital Management ETF (BATS:ARCM) was the target of a significant decline in short interest during the month of 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. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 705 shares, the short-interest ratio is currently 0.1 days.

Arrow Reserve Capital Management ETF Price Performance

ARCM stock opened at $100.13 on Thursday. Arrow Reserve Capital Management ETF has a 1 year low of $99.34 and a 1 year high of $101.26. The firm has a 50-day moving average of $100.23 and a 200 day moving average of $100.27.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Compound Planning Inc. purchased a new position in Arrow Reserve Capital Management ETF during the 1st quarter valued at about $366,000. Axim Planning & Wealth lifted its stake in shares of Arrow Reserve Capital Management ETF by 46.0% in the 3rd 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 period. LPL Financial LLC bought a new position in shares of Arrow Reserve Capital Management ETF in the 4th quarter worth approximately $750,000. Finally, Jane Street Group LLC purchased a new stake in Arrow Reserve Capital Management ETF in the 4th quarter worth approximately $3,315,000.

About Arrow Reserve Capital Management ETF

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.