AltShares Event-Driven ET (NYSEARCA:EVNT) to Issue $0.08 Dividend

AltShares Event-Driven ET (NYSEARCA:EVNT) announced a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.0757 per share on Thursday, December 19th. The ex-dividend date of this dividend is Wednesday, December 18th.

AltShares Event-Driven ET Stock Down 1.7 %

EVNT stock traded down $0.18 during midday trading on Wednesday, hitting $10.53. The company’s stock had a trading volume of 344 shares, compared to its average volume of 1,129. The firm has a 50-day simple moving average of $10.69 and a 200-day simple moving average of $10.40. The firm has a market capitalization of $4.84 million, a P/E ratio of 18.53 and a beta of 0.41. AltShares Event-Driven ET has a 52-week low of $9.66 and a 52-week high of $10.84.

AltShares Event-Driven ET Company Profile

The AltShares Event-Driven ETF (EVNT) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that provides long and short exposure to equity and debt securities of companies believed to be impacted by an announced or anticipated corporate event.