Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Up 1,317.4% in April

Argent Mid Cap ETF (NASDAQ:AMID) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 10,531 shares, a growth of 1,317.4% from the March 31st total of 743 shares. Based on an average trading volume of 8,290 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.3% of the company’s stock are sold short.

Argent Mid Cap ETF Trading Down 0.1%

NASDAQ:AMID traded down $0.03 during trading hours on Friday, hitting $35.23. The stock had a trading volume of 6,515 shares, compared to its average volume of 11,068. Argent Mid Cap ETF has a 1-year low of $31.04 and a 1-year high of $36.55. The business has a 50 day simple moving average of $33.66 and a two-hundred day simple moving average of $34.11. The company has a market cap of $107.45 million, a PE ratio of -40.03 and a beta of 1.08.

Institutional Trading of Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC raised its position in Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 182,862 shares of the company’s stock after acquiring an additional 42,530 shares during the quarter. Argent Mid Cap ETF accounts for about 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Tandem Wealth Advisors LLC owned approximately 5.88% of Argent Mid Cap ETF worth $6,082,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 45.97% of the company’s stock.

Argent Mid Cap ETF Company Profile

The Argent Mid Cap ETF Argent Mid Cap ETF (AMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed ETF that provides exposure to US mid-cap stocks perceived to be undergoing positive change. The fund employs a multi-step selection process based on quantitative and fundamental research. AMID was launched on Aug 17, 2022 and is managed by Alpha Architect.