Short Interest in Argent Mid Cap ETF (NASDAQ:AMID) Increases By 45.6%

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 3,617 shares, an increase of 45.6% from the December 15th total of 2,485 shares. Based on an average trading volume of 10,687 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 10,687 shares, the short-interest ratio is presently 0.3 days.

Argent Mid Cap ETF Stock Down 0.6%

Shares of NASDAQ:AMID opened at $35.46 on Monday. The company’s 50-day moving average price is $34.20 and its 200 day moving average price is $34.17. The company has a market cap of $107.44 million, a PE ratio of -40.30 and a beta of 1.08. Argent Mid Cap ETF has a fifty-two week low of $28.05 and a fifty-two week high of $36.16.

Argent Mid Cap ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. Argent Mid Cap ETF’s payout ratio is -12.50%.

Hedge Funds Weigh In On Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC boosted its holdings in Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 accounts for 3.0% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Tandem Wealth Advisors LLC owned about 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent SEC filing. 45.97% of the stock is owned by institutional investors and hedge funds.

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.