Argent Large Cap ETF (NASDAQ:ABIG) Short Interest Update

Argent Large Cap ETF (NASDAQ:ABIG) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 261 shares, a drop of 66.5% from the August 15th total of 779 shares. Based on an average trading volume of 1,539 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Argent Large Cap ETF Trading Down 0.9%

Shares of ABIG traded down $0.33 during trading hours on Monday, hitting $34.73. The company had a trading volume of 9,029 shares, compared to its average volume of 4,804. The company has a market capitalization of $56.96 million, a PE ratio of 28.52 and a beta of 0.96. Argent Large Cap ETF has a one year low of $28.39 and a one year high of $36.48. The company’s fifty day moving average price is $35.00 and its two-hundred day moving average price is $33.16.

Hedge Funds Weigh In On Argent Large Cap ETF

A number of large investors have recently added to or reduced their stakes in ABIG. Citadel Advisors LLC bought a new stake in shares of Argent Large Cap ETF in the 2nd quarter valued at about $285,000. Jane Street Group LLC bought a new position in shares of Argent Large Cap ETF during the 2nd quarter worth approximately $375,000. Krilogy Financial LLC purchased a new stake in Argent Large Cap ETF during the first quarter valued at approximately $815,000. Finally, Moneta Group Investment Advisors LLC lifted its position in Argent Large Cap ETF by 23.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after acquiring an additional 182,174 shares during 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.