Short Interest in Argent Focused Small Cap ETF (NASDAQ:ALIL) Expands By 339.0%

Argent Focused Small Cap ETF (NASDAQ:ALIL) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,001 shares, a growth of 339.0% from the December 15th total of 1,367 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is presently 1.1 days. Based on an average daily trading volume, of 5,683 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company’s shares are short sold.

Argent Focused Small Cap ETF Price Performance

Shares of NASDAQ:ALIL opened at $30.36 on Wednesday. The company has a market capitalization of $22.77 million, a price-to-earnings ratio of 17.71 and a beta of -1.48. The firm’s 50 day simple moving average is $29.16 and its 200 day simple moving average is $29.12. Argent Focused Small Cap ETF has a fifty-two week low of $24.78 and a fifty-two week high of $30.53.

Argent Focused Small Cap ETF Dividend Announcement

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