Argent Mid Cap ETF (NASDAQ:AMID) Sees Significant Decrease in Short Interest

Argent Mid Cap ETF (NASDAQ:AMID – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,971 shares, a decrease of 88.7% from the September 15th total of 26,210 shares. Based on an average daily volume of 8,547 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Argent Mid Cap ETF Stock Up 1.3%

NASDAQ:AMID opened at $37.27 on Friday. The stock has a fifty day simple moving average of $36.58 and a 200 day simple moving average of $35.50. The firm has a market capitalization of $118.88 million, a price-to-earnings ratio of -42.35 and a beta of 1.02. Argent Mid Cap ETF has a 1-year low of $31.22 and a 1-year high of $37.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Argent Mid Cap ETF stock. Argent Capital Management LLC purchased a new stake in shares of Argent Mid Cap ETF (NASDAQ:AMID – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,915 shares of the company’s stock, valued at approximately $433,000. Argent Capital Management LLC owned 0.37% of Argent Mid Cap ETF at the end of the most recent reporting period. Hedge funds and other institutional investors own 45.97% of the company’s stock.

About Argent Mid Cap ETF

(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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