Argent Focused Small Cap ETF (NASDAQ:ALIL) Sees Significant Growth in Short Interest

Argent Focused Small Cap ETF (NASDAQ:ALIL) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 20,601 shares, an increase of 243.3% from the December 31st total of 6,001 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average trading volume of 7,302 shares, the days-to-cover ratio is currently 2.8 days. Based on an average trading volume of 7,302 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.6% of the company’s stock are short sold.

Argent Focused Small Cap ETF Stock Performance

Shares of ALIL opened at $30.34 on Friday. The stock has a 50 day moving average price of $29.72 and a two-hundred day moving average price of $29.27. The firm has a market capitalization of $23.97 million, a P/E ratio of 17.71 and a beta of -1.48. Argent Focused Small Cap ETF has a 52 week low of $24.78 and a 52 week high of $31.29.

Argent Focused Small Cap ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Tuesday, December 23rd were given a $0.068 dividend. The ex-dividend date of this dividend was Tuesday, December 23rd. This represents a yield of 23.0%.

Argent Focused Small Cap ETF Company Profile

The Argent Focused Small Cap ETF is an actively managed exchange-traded fund that invests in equity securities of small-capitalization companies believed to be high-quality, enduring businesses. The fund typically holds 35 to 45 stocks and aims for long-term capital appreciation.