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

Argent Large Cap ETF (NASDAQ:ABIG) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 411 shares, a drop of 66.4% from the February 26th total of 1,222 shares. Based on an average daily volume of 1,598 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Argent Large Cap ETF Stock Down 1.8%

Shares of ABIG traded down $0.54 on Friday, hitting $28.99. 354 shares of the stock traded hands, compared to its average volume of 6,809. Argent Large Cap ETF has a 1 year low of $24.99 and a 1 year high of $32.99. The stock’s 50 day moving average is $31.03 and its two-hundred day moving average is $31.58. The firm has a market capitalization of $43.77 million, a P/E ratio of 28.52 and a beta of 1.06.

Hedge Funds Weigh In On Argent Large Cap ETF

An institutional investor recently raised its position in Argent Large Cap ETF stock. Moneta Group Investment Advisors LLC lifted its position in shares of Argent Large Cap ETF (NASDAQ:ABIG) by 23.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 957,663 shares of the company’s stock after buying an additional 182,174 shares during the period. Moneta Group Investment Advisors LLC owned approximately 63.42% of Argent Large Cap ETF worth $30,654,000 as of its most recent SEC filing.

Argent Large Cap ETF Company Profile

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.