Argent Mid Cap ETF (NASDAQ:AMID) Sees Significant Drop in Short Interest

Argent Mid Cap ETF (NASDAQ:AMID) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 29,800 shares, a decline of 10.8% from the May 31st total of 33,400 shares. Based on an average daily volume of 8,400 shares, the days-to-cover ratio is presently 3.5 days.

Argent Mid Cap ETF Stock Up 0.5 %

AMID traded up $0.16 during trading on Tuesday, hitting $32.13. The company’s stock had a trading volume of 1,232 shares, compared to its average volume of 6,941. The firm’s 50 day moving average price is $32.45 and its two-hundred day moving average price is $31.99. Argent Mid Cap ETF has a 12 month low of $24.41 and a 12 month high of $34.33. The stock has a market capitalization of $54.61 million, a price-to-earnings ratio of -36.51 and a beta of 1.28.

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.