Short Interest in Argent Large Cap ETF (NASDAQ:ABIG) Rises By 82.2%

Argent Large Cap ETF (NASDAQ:ABIG) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 12,390 shares, a growth of 82.2% from the December 31st total of 6,799 shares. Based on an average daily volume of 18,167 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the shares of the company are sold short. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 18,167 shares, the days-to-cover ratio is presently 0.7 days.

Argent Large Cap ETF Price Performance

Shares of ABIG stock opened at $32.40 on Friday. Argent Large Cap ETF has a one year low of $24.99 and a one year high of $32.99. The stock has a fifty day moving average price of $32.24 and a 200 day moving average price of $31.60. The stock has a market cap of $48.92 million, a P/E ratio of 28.52 and a beta of 1.06.

Argent Large Cap ETF Dividend Announcement

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Argent Large Cap ETF stock. Moneta Group Investment Advisors LLC raised its stake in shares of Argent Large Cap ETF (NASDAQ:ABIG) by 33.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 775,489 shares of the company’s stock after acquiring an additional 194,301 shares during the quarter. Moneta Group Investment Advisors LLC owned approximately 66.85% of Argent Large Cap ETF worth $24,522,000 as of its most recent filing with the SEC.

About Argent Large Cap ETF

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.