Argent Large Cap ETF (NASDAQ:ABIG) Sees Large Growth in Short Interest
by Jessica Moore · The Cerbat GemArgent Large Cap ETF (NASDAQ:ABIG – Get Free Report) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 3,949 shares, a growth of 1,384.6% from the March 31st total of 266 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 4,233 shares, the short-interest ratio is currently 0.9 days.
Institutional Investors Weigh In On Argent Large Cap ETF
A number of large investors have recently bought and sold shares of the business. Krilogy Financial LLC bought a new stake in Argent Large Cap ETF in the first quarter worth $815,000. Moneta Group Investment Advisors LLC boosted its holdings in Argent Large Cap ETF by 23.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock worth $30,654,000 after purchasing an additional 182,174 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Argent Large Cap ETF in the second quarter worth $375,000.
Argent Large Cap ETF Stock Performance
NASDAQ:ABIG remained flat at $32.48 during trading hours on Friday. 31 shares of the company were exchanged, compared to its average volume of 6,211. The company has a market cap of $49.04 million, a P/E ratio of 28.52 and a beta of 1.02. Argent Large Cap ETF has a 12-month low of $27.11 and a 12-month high of $32.99. The business has a 50 day moving average of $30.52 and a 200-day moving average of $31.47.
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.