Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Up 45.6% in December

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 3,617 shares, a growth of 45.6% from the December 15th total of 2,485 shares. Based on an average daily trading volume, of 10,687 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 10,687 shares, the days-to-cover ratio is presently 0.3 days.

Argent Mid Cap ETF Trading Down 0.6%

Shares of NASDAQ:AMID opened at $35.46 on Friday. The stock has a market cap of $107.44 million, a PE ratio of -40.30 and a beta of 1.08. The stock’s fifty day simple moving average is $34.20 and its two-hundred day simple moving average is $34.17. Argent Mid Cap ETF has a 1-year low of $28.05 and a 1-year high of $36.16.

Argent Mid Cap ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a dividend of $0.12 per share. The ex-dividend date was Tuesday, December 23rd. Argent Mid Cap ETF’s payout ratio is -12.50%.

Institutional Investors Weigh In On Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC lifted its holdings in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,862 shares of the company’s stock after purchasing an additional 42,530 shares during the period. Argent Mid Cap ETF comprises approximately 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Tandem Wealth Advisors LLC owned 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent SEC filing. Institutional investors own 45.97% of the company’s stock.

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.