Short Interest in Argent Large Cap ETF (NASDAQ:ABIG) Declines By 99.2%

Argent Large Cap ETF (NASDAQ:ABIG) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 32 shares, a drop of 99.2% from the April 15th total of 3,949 shares. Based on an average daily volume of 5,505 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Argent Large Cap ETF

Large investors have recently made changes to their positions in the business. Moneta Group Investment Advisors LLC increased its position in shares of Argent Large Cap ETF by 33.4% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 775,489 shares of the company’s stock valued at $24,522,000 after purchasing an additional 194,301 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Argent Large Cap ETF during the 2nd quarter valued at $375,000. Finally, Krilogy Financial LLC purchased a new stake in shares of Argent Large Cap ETF during the 1st quarter valued at $815,000.

Argent Large Cap ETF Price Performance

Shares of Argent Large Cap ETF stock traded down $0.15 during trading hours on Monday, hitting $33.49. 51,129 shares of the company’s stock traded hands, compared to its average volume of 6,583. Argent Large Cap ETF has a 12-month low of $28.27 and a 12-month high of $33.68. The stock has a market capitalization of $51.57 million, a price-to-earnings ratio of 28.52 and a beta of 1.02. The company has a fifty day simple moving average of $30.92 and a 200-day simple moving average of $31.57.

Argent Large Cap ETF Company Profile

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.