Argent Mid Cap ETF (NASDAQ:AMID) Short Interest Update

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a large drop in short interest in February. As of February 13th, there was short interest totaling 9,619 shares, a drop of 27.4% from the January 29th total of 13,254 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 8,463 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 8,463 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the company’s stock are sold short.

Argent Mid Cap ETF Price Performance

Shares of NASDAQ:AMID opened at $34.34 on Friday. Argent Mid Cap ETF has a 1 year low of $28.05 and a 1 year high of $36.55. The company has a market cap of $106.45 million, a P/E ratio of -39.02 and a beta of 1.08. The stock’s fifty day moving average price is $34.70 and its 200-day moving average price is $34.38.

Argent Mid Cap ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.12 per share. The ex-dividend date was Tuesday, December 23rd. Argent Mid Cap ETF’s dividend payout ratio is currently -12.50%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Argent Mid Cap ETF stock. Tandem Wealth Advisors LLC boosted its stake in shares of Argent Mid Cap ETF (NASDAQ:AMID) by 30.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,862 shares of the company’s stock after purchasing an additional 42,530 shares during the period. Argent Mid Cap ETF comprises 3.0% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 10th largest holding. Tandem Wealth Advisors LLC owned about 5.88% of Argent Mid Cap ETF worth $6,082,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 45.97% of the company’s stock.

About Argent Mid Cap ETF

The Argent Mid Cap ETF Argent Mid Cap ETF (AMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively managed ETF that provides exposure to US mid-cap stocks perceived to be undergoing positive change. The fund employs a multi-step selection process based on quantitative and fundamental research. AMID was launched on Aug 17, 2022 and is managed by Alpha Architect.