Argent Mid Cap ETF (NASDAQ:AMID) Stock Short Interest Jumps 109.9%

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 26,210 shares, an increase of 109.9% from the August 31st total of 12,486 shares. Based on an average daily volume of 20,403 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.8% of the shares of the stock are sold short.

Argent Mid Cap ETF Trading Down 0.7%

NASDAQ AMID traded down $0.24 on Tuesday, reaching $36.12. 2,695 shares of the company were exchanged, compared to its average volume of 11,090. The business’s fifty day moving average price is $36.39 and its 200 day moving average price is $35.24. The stock has a market capitalization of $115.57 million, a P/E ratio of -41.07 and a beta of 1.02. Argent Mid Cap ETF has a fifty-two week low of $31.22 and a fifty-two week high of $37.82.

Argent Mid Cap ETF Company Profile

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.