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

Argent Large Cap ETF (NASDAQ:ABIG) saw a large increase in short interest in the month of 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 company are short sold. Based on an average daily trading volume, of 1,541 shares, the short-interest ratio is currently 0.5 days.

Argent Large Cap ETF Stock Performance

NASDAQ:ABIG opened at $35.32 on Monday. The company has a market capitalization 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. The company has a 50-day moving average of $34.80 and a 200-day moving average of $32.88.

Institutional Investors Weigh In On Argent Large Cap ETF

A number of institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in shares of Argent Large Cap ETF in the 2nd quarter valued at approximately $375,000. Krilogy Financial LLC acquired a new position in shares of Argent Large Cap ETF during the 1st quarter worth about $815,000. Finally, Moneta Group Investment Advisors LLC grew its stake in Argent Large Cap ETF by 23.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after purchasing an additional 182,174 shares in the last quarter.

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.