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

Argent Mid Cap ETF (NASDAQ:AMIDGet Free Report) was the recipient of a significant decline in short interest in the month of 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 trading volume of 5,123 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC grew its holdings in Argent Mid Cap ETF (NASDAQ:AMIDFree Report) by 30.3% during 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 period. Argent Mid Cap ETF comprises about 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest position. Tandem Wealth Advisors LLC owned about 5.88% of Argent Mid Cap ETF worth $6,082,000 at the end of the most recent quarter. Institutional investors own 45.97% of the company’s stock.

Argent Mid Cap ETF Price Performance

Shares of AMID traded down $0.12 during trading hours on Friday, hitting $35.90. The stock had a trading volume of 7,769 shares, compared to its average volume of 11,155. Argent Mid Cap ETF has a 12 month low of $31.22 and a 12 month high of $36.55. The firm has a market capitalization of $110.93 million, a PE ratio of -40.80 and a beta of 1.02. The stock has a fifty day moving average price of $35.33 and a 200 day moving average price of $34.56.

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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