Short Interest in Argent Mid Cap ETF (NASDAQ:AMID) Decreases By 89.5%

Argent Mid Cap ETF (NASDAQ:AMIDGet Free Report) saw a large decline in short interest in June. As of June 30th, there was short interest totaling 4,240 shares, a decline of 89.5% from the June 15th total of 40,319 shares. Based on an average daily trading volume, of 5,123 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.

Argent Mid Cap ETF Stock Down 0.3%

NASDAQ AMID traded down $0.12 during trading hours on Friday, reaching $35.90. The company’s stock had a trading volume of 7,769 shares, compared to its average volume of 11,155. Argent Mid Cap ETF has a 1 year low of $31.22 and a 1 year high of $36.55. The company has a market capitalization of $110.93 million, a price-to-earnings ratio of -40.80 and a beta of 1.02. The firm’s 50-day moving average price is $35.33 and its 200-day moving average price is $34.56.

Hedge Funds Weigh In On Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC lifted its holdings in Argent Mid Cap ETF (NASDAQ:AMIDFree Report) by 30.3% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 182,862 shares of the company’s stock after buying an additional 42,530 shares during the period. Argent Mid Cap ETF comprises 3.0% of Tandem Wealth Advisors LLC’s holdings, making the stock its 10th largest holding. Tandem Wealth Advisors LLC owned approximately 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent SEC filing. Institutional investors and hedge funds own 45.97% of the company’s stock.

Argent Mid Cap ETF Company Profile

(Get Free Report)

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.

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