Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Update

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 5,694 shares, a drop of 61.0% from the April 30th total of 14,588 shares. Based on an average daily volume of 27,372 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Trading of Argent Mid Cap ETF

A hedge fund recently raised its stake in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC grew its holdings in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 182,862 shares of the company’s stock after acquiring an additional 42,530 shares during the quarter. Argent Mid Cap ETF comprises 3.0% of Tandem Wealth Advisors LLC’s investment 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 as of its most recent SEC filing. 45.97% of the stock is currently owned by hedge funds and other institutional investors.

Argent Mid Cap ETF Stock Up 0.1%

Shares of NASDAQ AMID opened at $34.72 on Friday. Argent Mid Cap ETF has a 52 week low of $31.22 and a 52 week high of $36.55. The business has a 50-day simple moving average of $34.06 and a two-hundred day simple moving average of $34.20. The company has a market cap of $106.59 million, a P/E ratio of -39.45 and a beta of 1.07.

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.