Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Update

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,485 shares, an increase of 417.7% from the November 30th total of 480 shares. Based on an average daily trading volume, of 9,720 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 9,720 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC grew its stake in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 182,862 shares of the company’s stock after purchasing an additional 42,530 shares during the period. Argent Mid Cap ETF makes up 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 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 45.97% of the company’s stock.

Argent Mid Cap ETF Stock Performance

Shares of AMID stock opened at $34.30 on Friday. Argent Mid Cap ETF has a fifty-two week low of $28.05 and a fifty-two week high of $36.16. The firm has a market cap of $109.42 million, a P/E ratio of -38.98 and a beta of 1.08. The business’s 50 day moving average price is $34.15 and its 200-day moving average price is $33.95.

Argent Mid Cap ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a $0.12 dividend. The ex-dividend date was Tuesday, December 23rd. Argent Mid Cap ETF’s payout ratio is -12.50%.

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.