Argent Large Cap ETF (NASDAQ:ABIG) Sees Large Decrease in Short Interest

Argent Large Cap ETF (NASDAQ:ABIG) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 377 shares, a decline of 44.4% from the July 15th total of 678 shares. Based on an average daily trading volume, of 3,516 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Argent Large Cap ETF

A number of hedge funds have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in Argent Large Cap ETF during the second quarter valued at about $375,000. Krilogy Financial LLC purchased a new position in shares of Argent Large Cap ETF during the 1st quarter valued at $815,000. Finally, Moneta Group Investment Advisors LLC grew its stake in shares of 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 worth $30,654,000 after acquiring an additional 182,174 shares during the period.

Argent Large Cap ETF Trading Up 0.2%

Shares of ABIG opened at $35.88 on Monday. The stock has a 50 day moving average of $34.50 and a 200 day moving average of $32.64. The company has a market capitalization of $58.84 million, a price-to-earnings ratio of 28.52 and a beta of 0.97. Argent Large Cap ETF has a 12 month low of $28.39 and a 12 month high of $36.48.

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.