Argent Focused Small Cap ETF (NASDAQ:ALIL) Short Interest Down 50.9% in January

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 10,113 shares, a decline of 50.9% from the January 15th total of 20,601 shares. Approximately 1.2% of the shares of the stock are sold short. Based on an average trading volume of 7,270 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 7,270 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.2% of the shares of the stock are sold short.

Argent Focused Small Cap ETF Trading Down 0.8%

ALIL stock opened at $30.75 on Thursday. The firm has a 50-day moving average of $30.00 and a two-hundred day moving average of $29.37. Argent Focused Small Cap ETF has a 12 month low of $24.78 and a 12 month high of $31.29. The company has a market cap of $24.91 million, a price-to-earnings ratio of 17.71 and a beta of -1.48.

Argent Focused Small Cap ETF Dividend Announcement

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

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.