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

Argent Mid Cap ETF (NASDAQ:AMID) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 11,200 shares, a drop of 24.8% from the July 31st total of 14,900 shares. Based on an average daily volume of 14,900 shares, the short-interest ratio is presently 0.8 days.

Argent Mid Cap ETF Trading Up 0.7 %

AMID traded up $0.24 during midday trading on Friday, hitting $34.89. 8,001 shares of the company traded hands, compared to its average volume of 10,128. The business has a 50 day simple moving average of $33.48 and a two-hundred day simple moving average of $32.98. Argent Mid Cap ETF has a 52-week low of $24.41 and a 52-week high of $35.46. The company has a market capitalization of $76.76 million, a price-to-earnings ratio of -39.65 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.