Argent Large Cap ETF (NASDAQ:ABIG) Sees Significant Drop in Short Interest

Argent Large Cap ETF (NASDAQ:ABIG) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 411 shares, a drop of 66.4% from the February 26th total of 1,222 shares. Based on an average trading volume of 1,598 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,598 shares, the days-to-cover ratio is currently 0.3 days.

Argent Large Cap ETF Stock Performance

ABIG stock opened at $29.46 on Wednesday. The stock has a market capitalization of $44.48 million, a PE ratio of 28.52 and a beta of 1.06. The company has a fifty day moving average of $31.15 and a 200-day moving average of $31.62. Argent Large Cap ETF has a one year low of $24.99 and a one year high of $32.99.

Institutional Investors Weigh In On Argent Large Cap ETF

A hedge fund recently bought a new stake in Argent Large Cap ETF stock. Jane Street Group LLC bought a new position in shares of Argent Large Cap ETF (NASDAQ:ABIG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 12,530 shares of the company’s stock, valued at approximately $375,000. Jane Street Group LLC owned approximately 1.32% of Argent Large Cap ETF as of its most recent filing with the SEC.

Argent Large Cap ETF Company Profile

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.