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

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 9,002 shares, a decline of 67.0% from the July 30th total of 27,266 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 8,931 shares, the short-interest ratio is presently 1.0 days.

Argent Mid Cap ETF Trading Down 1.6%

Shares of AMID opened at $36.51 on Friday. The business’s fifty day simple moving average is $36.27 and its two-hundred day simple moving average is $34.99. Argent Mid Cap ETF has a 12 month low of $31.22 and a 12 month high of $37.82. The company has a market cap of $112.82 million, a price-to-earnings ratio of -41.49 and a beta of 1.02.

Institutional Investors Weigh In On Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC raised its stake in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 182,862 shares of the company’s stock after acquiring an additional 42,530 shares during the period. Argent Mid Cap ETF makes up approximately 3.0% of Tandem Wealth Advisors LLC’s holdings, making the stock its 10th biggest position. Tandem Wealth Advisors LLC owned approximately 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent SEC filing. Institutional investors and hedge funds own 45.97% of the company’s stock.

About Argent Mid Cap ETF

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.