AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Short Interest Update

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 1,643,942 shares, a growth of 34.3% from the December 31st total of 1,224,007 shares. Currently, 7.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 611,427 shares, the short-interest ratio is presently 2.7 days. Based on an average daily trading volume, of 611,427 shares, the short-interest ratio is presently 2.7 days. Currently, 7.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On AGF U.S. Market Neutral Anti-Beta Fund

Several hedge funds have recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund in the third quarter valued at $70,000. IFP Advisors Inc raised its position in AGF U.S. Market Neutral Anti-Beta Fund by 7.4% in 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 in the last quarter. Worth Asset Management LLC acquired a new stake in AGF U.S. Market Neutral Anti-Beta Fund in the 4th quarter valued at about $364,000. J.Safra Asset Management Corp bought a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 2nd quarter valued at about $48,000. Finally, L.M. Kohn & Company acquired a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter worth approximately $570,000.

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

Shares of BTAL stock traded down $0.13 during midday trading on Monday, reaching $14.09. 563,803 shares of the company were exchanged, compared to its average volume of 613,386. The company’s 50 day moving average price is $14.31 and its two-hundred day moving average price is $15.33. The company has a market cap of $326.89 million, a P/E ratio of 17.67 and a beta of -0.66. AGF U.S. Market Neutral Anti-Beta Fund has a 12 month low of $13.66 and a 12 month high of $22.10.

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

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