Short Interest in Argent Large Cap ETF (NASDAQ:ABIG) Declines By 39.2%

Argent Large Cap ETF (NASDAQ:ABIG) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 175 shares, a drop of 39.2% from the May 31st total of 288 shares. Based on an average daily trading volume, of 3,327 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Argent Large Cap ETF

Several large investors have recently added to or reduced their stakes in ABIG. Jane Street Group LLC purchased a new stake in Argent Large Cap ETF during the second quarter valued at approximately $375,000. Krilogy Financial LLC purchased a new position in shares of Argent Large Cap ETF in the 1st quarter worth approximately $815,000. Finally, Moneta Group Investment Advisors LLC increased its position in shares of Argent Large Cap ETF by 33.4% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 775,489 shares of the company’s stock valued at $24,522,000 after purchasing an additional 194,301 shares during the last quarter.

Argent Large Cap ETF Price Performance

Shares of Argent Large Cap ETF stock traded up $0.40 during trading hours on Wednesday, reaching $34.59. The company’s stock had a trading volume of 15 shares, compared to its average volume of 5,572. The firm has a 50 day moving average price of $33.51 and a 200-day moving average price of $32.04. The stock has a market cap of $53.27 million, a P/E ratio of 28.52 and a beta of 1.04. Argent Large Cap ETF has a one year low of $28.39 and a one year high of $34.62.

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.