Argent Focused Small Cap ETF (NASDAQ:ALIL) Stock Short Interest Climbs 65.9%

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 969 shares, an increase of 65.9% from the September 30th total of 584 shares. Based on an average trading volume of 1,914 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Argent Focused Small Cap ETF Stock Performance

Shares of ALIL stock opened at $29.84 on Monday. Argent Focused Small Cap ETF has a fifty-two week low of $27.25 and a fifty-two week high of $33.36. The stock has a 50 day moving average price of $30.44 and a two-hundred day moving average price of $30.50. The company has a market capitalization of $22.38 million, a P/E ratio of 17.71 and a beta of 0.62.

About Argent Focused Small Cap ETF

The Argent Focused Small Cap ETF is an actively managed exchange-traded fund that invests in equity securities of small-capitalization companies believed to be high-quality, enduring businesses. The fund typically holds 35 to 45 stocks and aims for long-term capital appreciation.