Argent Mid Cap ETF (NASDAQ:AMID) Stock Short Interest Drops 88.7%

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large decrease in short interest in 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. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 8,547 shares, the short-interest ratio is presently 0.3 days.

Argent Mid Cap ETF Price Performance

AMID traded up $0.50 during trading hours on Friday, hitting $37.27. 3,962 shares of the stock were exchanged, compared to its average volume of 10,972. The stock has a market cap of $118.88 million, a price-to-earnings ratio of -42.35 and a beta of 1.02. The stock has a 50-day simple moving average of $36.58 and a 200-day simple moving average of $35.50. Argent Mid Cap ETF has a 12 month low of $31.22 and a 12 month high of $37.82.

Institutional Trading of Argent Mid Cap ETF

A hedge fund recently bought a new position in Argent Mid Cap ETF stock. Argent Capital Management LLC purchased a new position in Argent Mid Cap ETF (NASDAQ:AMID) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 11,915 shares of the company’s stock, valued at approximately $433,000. Argent Capital Management LLC owned about 0.37% of Argent Mid Cap ETF as of its most recent filing with the Securities and Exchange Commission. 45.97% of the stock is currently owned by institutional investors and hedge funds.

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.