Short Interest in Argent Focused Small Cap ETF (NASDAQ:ALIL) Rises By 243.3%

Argent Focused Small Cap ETF (NASDAQ:ALIL) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 20,601 shares, an increase of 243.3% from the December 31st total of 6,001 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average trading volume of 7,302 shares, the days-to-cover ratio is currently 2.8 days. Based on an average trading volume of 7,302 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.6% of the shares of the company are sold short.

Argent Focused Small Cap ETF Trading Down 0.4%

NASDAQ ALIL opened at $30.52 on Wednesday. Argent Focused Small Cap ETF has a 12 month low of $24.78 and a 12 month high of $31.29. The stock has a market cap of $24.11 million, a price-to-earnings ratio of 17.71 and a beta of -1.48. The company’s 50 day moving average is $29.63 and its two-hundred day moving average is $29.26.

Argent Focused Small Cap ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were paid a dividend of $0.068 per share. The ex-dividend date was Tuesday, December 23rd. This represents a dividend yield of 23.0%.

Argent Focused Small Cap ETF Company Profile

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.