Argent Large Cap ETF (NASDAQ:ABIG) Sees Large Drop in Short Interest

Argent Large Cap ETF (NASDAQ:ABIGGet Free Report) saw a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,222 shares, a decline of 74.8% from the February 12th total of 4,855 shares. Based on an average trading volume of 2,575 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,575 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Argent Large Cap ETF

A hedge fund recently raised its stake in Argent Large Cap ETF stock. Moneta Group Investment Advisors LLC raised its stake in Argent Large Cap ETF (NASDAQ:ABIGFree Report) by 23.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 957,663 shares of the company’s stock after purchasing an additional 182,174 shares during the quarter. Moneta Group Investment Advisors LLC owned about 63.42% of Argent Large Cap ETF worth $30,654,000 at the end of the most recent quarter.

Argent Large Cap ETF Stock Down 0.5%

ABIG opened at $30.52 on Wednesday. The firm has a market cap of $46.09 million, a P/E ratio of 28.52 and a beta of 1.06. The business’s fifty day simple moving average is $31.68 and its 200 day simple moving average is $31.69. Argent Large Cap ETF has a 52 week low of $24.99 and a 52 week high of $32.99.

Argent Large Cap ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were given a $0.0307 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd.

Argent Large Cap ETF Company Profile

(Get Free Report)

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.

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