Argent Focused Small Cap ETF (NASDAQ:ALIL) Sees Significant Increase in Short Interest

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 5,407 shares, an increase of 225.9% from the February 26th total of 1,659 shares. Based on an average daily trading volume, of 1,673 shares, the days-to-cover ratio is presently 3.2 days. Currently, 0.7% of the shares of the company are short sold.

Argent Focused Small Cap ETF Stock Down 1.0%

ALIL stock opened at $27.86 on Thursday. The firm has a market cap of $22.57 million, a PE ratio of 17.71 and a beta of -1.48. The business has a 50 day moving average of $29.76 and a 200-day moving average of $29.34. Argent Focused Small Cap ETF has a 12-month low of $24.78 and a 12-month high of $31.29.

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.