Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Down 73.6% in January

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 13,254 shares, a drop of 73.6% from the January 15th total of 50,281 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 11,576 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 11,576 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.4% of the company’s stock are short sold.

Argent Mid Cap ETF Trading Up 0.3%

Shares of NASDAQ:AMID opened at $35.17 on Thursday. Argent Mid Cap ETF has a 52 week low of $28.05 and a 52 week high of $35.69. The company’s 50 day moving average is $34.56 and its two-hundred day moving average is $34.31. The company has a market cap of $109.03 million, a PE ratio of -39.97 and a beta of 1.08.

Argent Mid Cap ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were issued a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. Argent Mid Cap ETF’s dividend payout ratio is -12.50%.

Institutional Trading of Argent Mid Cap ETF

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC increased its holdings in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,862 shares of the company’s stock after purchasing an additional 42,530 shares during the quarter. Argent Mid Cap ETF makes up approximately 3.0% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 10th biggest position. Tandem Wealth Advisors LLC owned approximately 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent SEC filing. 45.97% of the stock is owned by institutional investors and hedge funds.

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.