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

Argent Large Cap ETF (NASDAQ:ABIG) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 411 shares, a decline of 66.4% from the February 26th total of 1,222 shares. Based on an average daily volume of 1,598 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,598 shares, the days-to-cover ratio is currently 0.3 days.

Argent Large Cap ETF Trading Down 0.6%

NASDAQ:ABIG opened at $29.46 on Wednesday. The company has a market cap of $44.48 million, a P/E ratio of 28.52 and a beta of 1.06. Argent Large Cap ETF has a twelve month low of $24.99 and a twelve month high of $32.99. The company’s 50-day moving average price is $31.15 and its 200-day moving average price is $31.62.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Argent Large Cap ETF stock. Jane Street Group LLC purchased a new stake in shares of Argent Large Cap ETF (NASDAQ:ABIG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,530 shares of the company’s stock, valued at approximately $375,000. Jane Street Group LLC owned about 1.32% of Argent Large Cap ETF at the end of the most recent quarter.

Argent Large Cap ETF Company Profile

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.