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

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 969 shares, an increase of 65.9% from the September 30th total of 584 shares. Based on an average daily trading volume, of 1,914 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Argent Focused Small Cap ETF Trading Up 0.8%

Argent Focused Small Cap ETF stock opened at $30.19 on Tuesday. The firm has a market capitalization of $22.64 million, a price-to-earnings ratio of 17.71 and a beta of 0.62. The firm’s fifty day moving average price is $30.41 and its two-hundred day moving average price is $30.50. Argent Focused Small Cap ETF has a 1-year low of $27.25 and a 1-year high of $33.36.

Argent Focused Small Cap ETF Company Profile

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.