Short Interest in Argent Mid Cap ETF (NASDAQ:AMID) Rises By 1,161.1%

Argent Mid Cap ETF (NASDAQ:AMID) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 27,266 shares, a growth of 1,161.1% from the July 15th total of 2,162 shares. Currently, 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 9,247 shares, the short-interest ratio is presently 2.9 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 lifted its position in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 approximately 3.0% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 10th largest position. Tandem Wealth Advisors LLC owned about 5.88% of Argent Mid Cap ETF worth $6,082,000 at the end of the most recent quarter. 45.97% of the stock is owned by institutional investors.

Argent Mid Cap ETF Stock Up 0.8%

Shares of AMID opened at $37.29 on Wednesday. Argent Mid Cap ETF has a 52-week low of $31.22 and a 52-week high of $37.32. The company has a market capitalization of $115.23 million, a PE ratio of -42.38 and a beta of 1.02. The stock has a fifty day simple moving average of $35.91 and a two-hundred day simple moving average of $34.79.

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.