Argent Large Cap ETF (NASDAQ:ABIG) Sees Significant Increase in Short Interest

Argent Large Cap ETF (NASDAQ:ABIG) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 12,390 shares, an increase of 82.2% from the December 31st total of 6,799 shares. Based on an average trading volume of 18,167 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.8% of the shares of the company are short sold. Currently, 0.8% of the shares of the company are short sold. Based on an average trading volume of 18,167 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Argent Large Cap ETF

A hedge fund recently bought a new stake in Argent Large Cap ETF stock. Jane Street Group LLC acquired a new stake in shares of Argent Large Cap ETF (NASDAQ:ABIG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,530 shares of the company’s stock, valued at approximately $375,000. Jane Street Group LLC owned about 1.32% of Argent Large Cap ETF as of its most recent SEC filing.

Argent Large Cap ETF Price Performance

NASDAQ:ABIG opened at $32.12 on Friday. Argent Large Cap ETF has a one year low of $24.99 and a one year high of $32.99. The business has a fifty day moving average price of $32.26 and a 200-day moving average price of $31.63. The firm has a market capitalization of $48.50 million, a price-to-earnings ratio of 28.52 and a beta of 1.06.

Argent Large Cap ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.0307 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd.

Argent Large Cap ETF Company Profile

The Argent Large Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in approximately 30 to 35 large-cap U.S. companies. The fund focuses on “Enduring Businesses” with durable competitive advantages, consistent cash flow growth, and management teams with proven track records of value creation.