Argent Focused Small Cap ETF (NASDAQ:ALIL) Short Interest Down 51.5% in February

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 1,659 shares, a decline of 51.5% from the February 12th total of 3,422 shares. Based on an average daily volume of 538 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 538 shares, the days-to-cover ratio is presently 3.1 days.

Argent Focused Small Cap ETF Stock Performance

NASDAQ ALIL opened at $27.83 on Friday. The stock has a market cap of $22.54 million, a price-to-earnings ratio of 17.71 and a beta of -1.48. The business has a 50 day simple moving average of $30.12 and a 200 day simple moving average of $29.45. Argent Focused Small Cap ETF has a 52-week low of $24.78 and a 52-week high of $31.29.

Argent Focused Small Cap ETF Announces Dividend

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