Argent Focused Small Cap ETF (NASDAQ:ALIL) Short Interest Down 50.9% in January

Argent Focused Small Cap ETF (NASDAQ:ALIL) saw a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 10,113 shares, a drop of 50.9% from the January 15th total of 20,601 shares. Based on an average trading volume of 7,270 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.2% of the shares of the stock are sold short. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 7,270 shares, the days-to-cover ratio is presently 1.4 days.

Argent Focused Small Cap ETF Trading Down 1.5%

Argent Focused Small Cap ETF stock opened at $30.30 on Friday. Argent Focused Small Cap ETF has a 1-year low of $24.78 and a 1-year high of $31.29. The firm has a market capitalization of $24.54 million, a PE ratio of 17.71 and a beta of -1.48. The firm’s 50 day simple moving average is $30.02 and its 200 day simple moving average is $29.38.

Argent Focused Small Cap ETF Dividend Announcement

The company also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were issued a $0.068 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a dividend yield of 23.0%.

About Argent Focused Small Cap ETF

The Argent Focused Small Cap ETF is an actively managed exchange-traded fund that invests in equity securities of small-capitalization companies believed to be high-quality, enduring businesses. The fund typically holds 35 to 45 stocks and aims for long-term capital appreciation.