Argent Focused Small Cap ETF (NASDAQ:ALIL) Sees Large Decline in Short Interest

Argent Focused Small Cap ETF (NASDAQ:ALIL) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 10,113 shares, a decrease of 50.9% from the January 15th total of 20,601 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 7,270 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily trading volume, of 7,270 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.2% of the shares of the company are sold short.

Argent Focused Small Cap ETF Trading Down 0.8%

Argent Focused Small Cap ETF stock opened at $30.75 on Thursday. The firm has a 50 day simple moving average of $30.00 and a 200 day simple moving average of $29.37. Argent Focused Small Cap ETF has a 1-year low of $24.78 and a 1-year high of $31.29. The firm has a market capitalization of $24.91 million, a price-to-earnings ratio of 17.71 and a beta of -1.48.

Argent Focused Small Cap ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Tuesday, December 23rd were given a $0.068 dividend. 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.