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

Argent Large Cap ETF (NASDAQ:ABIG) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 779 shares, an increase of 106.6% from the July 30th total of 377 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,541 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Argent Large Cap ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Krilogy Financial LLC bought a new stake in Argent Large Cap ETF during the 1st quarter valued at approximately $815,000. Moneta Group Investment Advisors LLC increased its position in Argent Large Cap ETF by 23.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after acquiring an additional 182,174 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Argent Large Cap ETF in the second quarter worth approximately $375,000.

Argent Large Cap ETF Stock Down 0.3%

Argent Large Cap ETF stock opened at $35.32 on Friday. The business has a 50-day simple moving average of $34.80 and a 200 day simple moving average of $32.87. The stock has a market cap of $57.92 million, a price-to-earnings ratio of 28.52 and a beta of 0.97. Argent Large Cap ETF has a 52 week low of $28.39 and a 52 week high of $36.48.

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.