Short Interest in Argent Mid Cap ETF (NASDAQ:AMID) Grows By 1,161.1%

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 27,266 shares, a growth of 1,161.1% from the July 15th total of 2,162 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily trading volume, of 9,247 shares, the short-interest ratio is currently 2.9 days.

Institutional Trading of Argent Mid Cap ETF

A hedge fund recently raised its stake in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC boosted its stake in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 182,862 shares of the company’s stock after acquiring an additional 42,530 shares during the quarter. Argent Mid Cap ETF comprises 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Tandem Wealth Advisors LLC owned 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 45.97% of the company’s stock.

Argent Mid Cap ETF Stock Up 0.9%

Shares of NASDAQ AMID opened at $37.59 on Thursday. The stock has a market cap of $116.15 million, a PE ratio of -42.72 and a beta of 1.02. Argent Mid Cap ETF has a 52-week low of $31.22 and a 52-week high of $37.68. The business has a 50-day moving average price of $35.95 and a 200 day moving average price of $34.81.

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.