AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Short Interest Up 103.9% in February

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 1,164,302 shares, a growth of 103.9% from the February 12th total of 570,879 shares. Currently, 5.0% of the company’s stock are sold short. Based on an average daily volume of 976,364 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 976,364 shares, the days-to-cover ratio is presently 1.2 days. Currently, 5.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Advisory Services Network LLC lifted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 2,091.7% during the fourth quarter. Advisory Services Network LLC now owns 329,604 shares of the company’s stock worth $4,743,000 after purchasing an additional 314,565 shares during the period. PMV Capital Advisers LLC raised its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 35.5% in the 3rd quarter. PMV Capital Advisers LLC now owns 204,763 shares of the company’s stock worth $3,260,000 after buying an additional 53,603 shares in the last quarter. Worth Asset Management LLC bought a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 4th quarter worth approximately $364,000. Creative Financial Designs Inc. ADV boosted its stake in AGF U.S. Market Neutral Anti-Beta Fund by 2.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 224,292 shares of the company’s stock valued at $3,571,000 after buying an additional 5,487 shares in the last quarter. Finally, Triumph Capital Management acquired a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 3rd quarter valued at $70,000.

AGF U.S. Market Neutral Anti-Beta Fund Price Performance

NYSEARCA:BTAL traded up $0.33 during mid-day trading on Thursday, reaching $14.36. The stock had a trading volume of 1,338,540 shares, compared to its average volume of 845,393. The stock has a market cap of $333.15 million, a P/E ratio of 17.67 and a beta of -0.66. The business’s 50 day moving average is $14.01 and its 200 day moving average is $14.85. AGF U.S. Market Neutral Anti-Beta Fund has a fifty-two week low of $13.60 and a fifty-two week high of $22.10.

AGF U.S. Market Neutral Anti-Beta Fund Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, January 2nd. Shareholders of record on Tuesday, December 30th were given a dividend of $0.3579 per share. This represents a yield of 249.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

AGF U.S. Market Neutral Anti-Beta Fund Company Profile

The AGFiQ U.S. Market Neutral Anti-Beta Fund (BTAL) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an actively managed fund that takes long positions in low beta US stocks, offset by short positions in high beta US stocks. BTAL was launched on Sep 13, 2011 and is managed by AGF.