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

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 5,694 shares, a decrease of 61.0% from the April 30th total of 14,588 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 27,372 shares, the short-interest ratio is presently 0.2 days.

Argent Mid Cap ETF Stock Performance

Argent Mid Cap ETF stock opened at $34.72 on Friday. The stock has a market capitalization of $106.59 million, a price-to-earnings ratio of -39.45 and a beta of 1.07. Argent Mid Cap ETF has a 52-week low of $31.22 and a 52-week high of $36.55. The stock’s 50 day moving average price is $34.06 and its two-hundred day moving average price is $34.20.

Hedge Funds Weigh In On Argent Mid Cap ETF

A hedge fund recently raised its stake in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC lifted its position in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 182,862 shares of the company’s stock after purchasing an additional 42,530 shares during the quarter. Argent Mid Cap ETF accounts for 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Tandem Wealth Advisors LLC owned 5.88% of Argent Mid Cap ETF worth $6,082,000 at the end of the most recent quarter. 45.97% of the stock is currently owned by hedge funds and other institutional investors.

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.