Price Move History
- Daily moves over 5%
- 0 252 sessions, June 23, 2025 to June 23, 2026
- Largest daily move
- -2.3% close of July 16, 2025
- 1-year change
- +3.5% closing prices, June 23, 2025 to June 23, 2026
- 1-month change
- +0.6% closing prices, May 22, 2026 to June 23, 2026
Company Description
First Trust Merger Arbitrage ETF (MARB) is an exchange-traded fund with shares listed on NYSE Arca. The fund is a series of First Trust Exchange-Traded Fund III and is identified in company materials under the First Trust Merger Arbitrage ETF name. Its public security represents an ETF interest rather than an operating business with products, factories, or commercial subsidiaries.
MARB operates within the First Trust ETF structure, where fund shares trade on an exchange and the fund reports both a daily closing price and a net asset value per share. The ETF format gives the fund a listed share class while the underlying portfolio and investment policies are administered through the fund's governing trust and fund documents.
First Trust Advisors L.P. has announced fund-level matters for MARB, including changes to investment strategies, name-related matters, ticker-related matters, and investment policy language. Those announcements relate to the administration and investment framework of the ETF. The fund's durable public-company identity is therefore centered on its exchange-traded fund structure, its NYSE Arca-listed shares, and its role as a series of First Trust Exchange-Traded Fund III.
Stock Performance
First Trust Merger Arbitrage ETF (MARB) closed at $21.00 on June 23, 2026. Over the past 12 months, the price has gained 3.5%.
MARB Metrics & Rankings
Price returns through June 23, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
First Trust Merger Arbitrage ETF has 4 recent news articles. Of the recent coverage, 3 articles coincided with positive price movement and 1 with negative movement. Key topics include acquisition. View all MARB news →
SEC Filings
Short Interest History
Short interest in First Trust Merger Arbitrage ETF (MARB) currently stands at 101 shares, a new position with no short interest reported in the previous period, representing 0.0% of the shares outstanding. Since October 2025, short interest has decreased by 95.3%.
Days to Cover History
Days to cover for First Trust Merger Arbitrage ETF (MARB) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume. Across the settlements charted above, it has ranged from 1.0 to 4.0 days.