Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Update

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 5,694 shares, a decline of 61.0% from the April 30th total of 14,588 shares. Based on an average daily trading volume, of 27,372 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

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% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,862 shares of the company’s stock after buying an additional 42,530 shares during the period. Argent Mid Cap ETF makes up 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. Tandem Wealth Advisors LLC owned approximately 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.

Argent Mid Cap ETF Trading Up 0.1%

Argent Mid Cap ETF stock opened at $34.72 on Friday. Argent Mid Cap ETF has a 1-year low of $31.22 and a 1-year high of $36.55. The firm has a market capitalization of $106.59 million, a price-to-earnings ratio of -39.45 and a beta of 1.07. The firm has a 50 day simple moving average of $34.06 and a 200 day simple moving average of $34.20.

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.