Short Interest in Argent Mid Cap ETF (NASDAQ:AMID) Decreases By 87.6%

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 743 shares, a decrease of 87.6% from the March 15th total of 6,010 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 21,100 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Argent Mid Cap ETF

A hedge fund recently raised its stake in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC increased its stake in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,862 shares of the company’s stock after buying an additional 42,530 shares during the quarter. Argent Mid Cap ETF comprises approximately 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th biggest 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. Hedge funds and other institutional investors own 45.97% of the company’s stock.

Argent Mid Cap ETF Trading Down 0.2%

NASDAQ:AMID traded down $0.06 on Friday, hitting $34.03. The company’s stock had a trading volume of 26,250 shares, compared to its average volume of 11,261. The stock has a fifty day moving average of $33.63 and a two-hundred day moving average of $34.05. The firm has a market capitalization of $105.49 million, a P/E ratio of -38.67 and a beta of 1.08. Argent Mid Cap ETF has a one year low of $29.74 and a one year high of $36.55.

About Argent Mid Cap ETF

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.