Argent Large Cap ETF (NASDAQ:ABIG) Short Interest Update

Argent Large Cap ETF (NASDAQ:ABIG) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 954 shares, a growth of 445.1% from the June 15th total of 175 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 845 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of Argent Large Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Krilogy Financial LLC acquired a new stake in Argent Large Cap ETF in the first quarter worth about $815,000. Moneta Group Investment Advisors LLC lifted its position in Argent Large Cap ETF by 23.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after purchasing an additional 182,174 shares during the period. Finally, Jane Street Group LLC acquired a new position in Argent Large Cap ETF during the 2nd quarter valued at about $375,000.

Argent Large Cap ETF Trading Up 0.5%

ABIG stock traded up $0.19 during trading on Friday, hitting $34.84. 349 shares of the stock traded hands, compared to its average volume of 5,310. The stock has a market cap of $56.44 million, a price-to-earnings ratio of 28.52 and a beta of 0.99. Argent Large Cap ETF has a one year low of $28.39 and a one year high of $34.84. The company has a 50 day simple moving average of $33.84 and a 200 day simple moving average of $32.19.

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.