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

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 50,281 shares, a growth of 1,290.1% from the December 31st total of 3,617 shares. Based on an average daily trading volume, of 12,367 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.6% of the company’s shares are sold short. Currently, 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 12,367 shares, the days-to-cover ratio is currently 4.1 days.

Argent Mid Cap ETF Trading Down 0.5%

AMID opened at $34.90 on Thursday. The stock’s 50-day moving average price is $34.43 and its 200 day moving average price is $34.25. Argent Mid Cap ETF has a 12-month low of $28.05 and a 12-month high of $36.16. The firm has a market cap of $107.14 million, a price-to-earnings ratio of -39.66 and a beta of 1.08.

Argent Mid Cap ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. Argent Mid Cap ETF’s dividend payout ratio is currently -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 boosted its holdings in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,862 shares of the company’s stock after buying an additional 42,530 shares during the quarter. Argent Mid Cap ETF accounts for 3.0% of Tandem Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest position. Tandem Wealth Advisors LLC owned approximately 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.