Argent Large Cap ETF (NASDAQ:ABIG) Short Interest Up 1,868.4% in December

Argent Large Cap ETF (NASDAQ:ABIG) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 8,897 shares, an increase of 1,868.4% from the November 30th total of 452 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 16,130 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 16,130 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.8% of the company’s shares are short sold.

Argent Large Cap ETF Trading Up 0.2%

NASDAQ:ABIG opened at $32.30 on Friday. Argent Large Cap ETF has a 12 month low of $24.99 and a 12 month high of $32.48. The stock has a market capitalization of $37.47 million, a price-to-earnings ratio of 28.52 and a beta of 1.06. The firm has a fifty day simple moving average of $31.93 and a two-hundred day simple moving average of $31.09.

Argent Large Cap ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 24th. Investors of record on Tuesday, December 23rd were given a $0.0307 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Argent Large Cap ETF stock. Moneta Group Investment Advisors LLC raised its holdings in Argent Large Cap ETF (NASDAQ:ABIG) by 33.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 775,489 shares of the company’s stock after purchasing an additional 194,301 shares during the period. Moneta Group Investment Advisors LLC owned 66.85% of Argent Large Cap ETF worth $24,522,000 at the end of the most recent reporting period.

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.