Argent Large Cap ETF (NASDAQ:ABIG) Shares Shorted: Short Interest Up 317.6% in September

Argent Large Cap ETF (NASDAQ:ABIG) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 1,090 shares, an increase of 317.6% from the August 31st total of 261 shares. Based on an average daily trading volume, of 6,378 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Argent Large Cap ETF Price Performance

NASDAQ ABIG traded up $0.26 during trading on Friday, hitting $35.44. 4,435 shares of the company’s stock traded hands, compared to its average volume of 4,820. Argent Large Cap ETF has a 12-month low of $28.39 and a 12-month high of $36.48. The stock has a fifty day moving average of $35.10 and a two-hundred day moving average of $33.45. The firm has a market cap of $59.89 million, a P/E ratio of 28.52 and a beta of 0.96.

Hedge Funds Weigh In On Argent Large Cap ETF

A hedge fund recently bought a new stake in Argent Large Cap ETF stock. Citadel Advisors LLC bought a new position in Argent Large Cap ETF (NASDAQ:ABIG) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 8,236 shares of the company’s stock, valued at approximately $285,000. Citadel Advisors LLC owned 0.50% of Argent Large Cap ETF at the end of the most recent quarter.

About Argent Large Cap ETF

The Argent Large Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in approximately 30 to 35 large-cap U.S. companies. The fund focuses on “Enduring Businesses” with durable competitive advantages, consistent cash flow growth, and management teams with proven track records of value creation.