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 during the month of 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. Approximately 5.0% of the company’s stock are sold short. Based on an average daily trading volume, of 976,364 shares, the short-interest ratio is presently 1.2 days. Based on an average daily trading volume, of 976,364 shares, the short-interest ratio is presently 1.2 days. Approximately 5.0% of the company’s stock are sold short.

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

NYSEARCA BTAL traded up $0.33 on Thursday, reaching $14.36. 1,338,540 shares of the stock traded hands, compared to its average volume of 845,393. The company has a market cap of $333.15 million, a price-to-earnings ratio of 17.67 and a beta of -0.66. The company has a fifty day moving average price of $14.01 and a 200-day moving average price of $14.85. AGF U.S. Market Neutral Anti-Beta Fund has a 12 month low of $13.60 and a 12 month high of $22.10.

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

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

Institutional Investors Weigh In On AGF U.S. Market Neutral Anti-Beta Fund

A number of hedge funds have recently modified their holdings of the business. Triumph Capital Management purchased a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the third quarter worth approximately $70,000. J.Safra Asset Management Corp boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 10.0% in the fourth quarter. J.Safra Asset Management Corp now owns 8,142 shares of the company’s stock valued at $117,000 after acquiring an additional 741 shares in the last quarter. Worth Asset Management LLC purchased a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 4th quarter valued at approximately $364,000. IFP Advisors Inc grew its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 7.4% during the third quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock worth $364,000 after acquiring an additional 1,582 shares during the period. Finally, PMV Capital Advisers LLC increased 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 valued at $3,260,000 after purchasing an additional 53,603 shares in the last quarter.

About AGF U.S. Market Neutral Anti-Beta Fund

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.