Short Interest in Argent Large Cap ETF (NASDAQ:ABIG) Drops By 35.3%
by Renee Jackson · The Cerbat GemArgent Large Cap ETF (NASDAQ:ABIG – Get Free Report) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 266 shares, a decline of 35.3% from the March 15th total of 411 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,116 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Argent Large Cap ETF stock. Moneta Group Investment Advisors LLC raised its holdings in Argent Large Cap ETF (NASDAQ:ABIG – Free Report) by 23.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 957,663 shares of the company’s stock after buying an additional 182,174 shares during the period. Moneta Group Investment Advisors LLC owned about 63.42% of Argent Large Cap ETF worth $30,654,000 at the end of the most recent quarter.
Argent Large Cap ETF Stock Performance
NASDAQ:ABIG opened at $31.58 on Wednesday. The company has a market cap of $47.69 million, a PE ratio of 28.52 and a beta of 1.03. Argent Large Cap ETF has a 52-week low of $25.44 and a 52-week high of $32.99. The stock has a 50-day simple moving average of $30.39 and a 200 day simple moving average of $31.44.
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.