Argent Mid Cap ETF (NASDAQ:AMID) Sees Large Growth in Short Interest

Argent Mid Cap ETF (NASDAQ:AMID) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 54,200 shares, a growth of 249.7% from the October 15th total of 15,500 shares. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is currently 6.9 days.

Argent Mid Cap ETF Price Performance

Shares of AMID opened at $37.23 on Thursday. The firm’s 50 day moving average is $35.25 and its 200-day moving average is $33.84. Argent Mid Cap ETF has a 12-month low of $27.02 and a 12-month high of $37.67. The stock has a market capitalization of $86.37 million, a P/E ratio of -42.39 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.