Argent Focused Small Cap ETF (NASDAQ:ALIL) Sees Significant Growth in Short Interest

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 6,001 shares, a growth of 339.0% from the December 15th total of 1,367 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is currently 1.1 days. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.8% of the company’s stock are short sold.

Argent Focused Small Cap ETF Price Performance

ALIL opened at $30.38 on Thursday. Argent Focused Small Cap ETF has a fifty-two week low of $24.78 and a fifty-two week high of $30.53. The firm has a market capitalization of $22.79 million, a PE ratio of 17.71 and a beta of -1.48. The company’s 50-day moving average is $29.20 and its 200 day moving average is $29.13.

Argent Focused Small Cap ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were paid a $0.068 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 23.0%.

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.