Short Interest in Argent Large Cap ETF (NASDAQ:ABIG) Declines By 44.4%

Argent Large Cap ETF (NASDAQ:ABIG) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 377 shares, a decline of 44.4% from the July 15th total of 678 shares. Based on an average daily trading volume, of 3,516 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in shares of Argent Large Cap ETF during the second quarter valued at about $375,000. Krilogy Financial LLC purchased a new stake in shares of Argent Large Cap ETF in the first quarter worth about $815,000. Finally, Moneta Group Investment Advisors LLC lifted its position in shares of Argent Large Cap ETF by 23.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock worth $30,654,000 after buying an additional 182,174 shares in the last quarter.

Argent Large Cap ETF Stock Performance

Shares of NASDAQ:ABIG opened at $35.43 on Wednesday. The firm has a market cap of $58.11 million, a price-to-earnings ratio of 28.52 and a beta of 0.97. The firm has a fifty day moving average price of $34.58 and a 200 day moving average price of $32.68. Argent Large Cap ETF has a fifty-two week low of $28.39 and a fifty-two week high of $36.48.

About Argent Large Cap ETF

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.