Alger Mid Cap 40 ETF (NYSEARCA:FRTY) Sees Significant Growth in Short Interest

Posted by Jeff Wilder on Jan 30th, 2026

Alger Mid Cap 40 ETF (NYSEARCA:FRTY – Get Free Report) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 32,213 shares, a growth of 268.7% from the December 31st total of 8,736 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average trading volume of 25,843 shares, the days-to-cover ratio is currently 1.2 days. Based on an average trading volume of 25,843 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.5% of the shares of the company are sold short.

Alger Mid Cap 40 ETF Price Performance

FRTY stock traded down $0.54 on Friday, reaching $21.07. 20,589 shares of the company were exchanged, compared to its average volume of 37,009. The stock’s fifty day moving average price is $21.41 and its 200 day moving average price is $21.20. The firm has a market capitalization of $138.01 million, a PE ratio of 36.46 and a beta of 1.12. Alger Mid Cap 40 ETF has a 12 month low of $13.56 and a 12 month high of $23.36.

Alger Mid Cap 40 ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Thursday, December 18th were given a dividend of $0.041 per share. The ex-dividend date was Thursday, December 18th. This represents a dividend yield of 20.0%.

Institutional Investors Weigh In On Alger Mid Cap 40 ETF

A number of hedge funds have recently added to or reduced their stakes in FRTY. Flagship Harbor Advisors LLC lifted its position in Alger Mid Cap 40 ETF by 2.5% during the 4th quarter. Flagship Harbor Advisors LLC now owns 85,356 shares of the company’s stock valued at $1,797,000 after purchasing an additional 2,064 shares during the period. Whipplewood Advisors LLC raised its stake in Alger Mid Cap 40 ETF by 6.8% during the 3rd quarter. Whipplewood Advisors LLC now owns 49,758 shares of the company’s stock worth $1,114,000 after buying an additional 3,162 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of Alger Mid Cap 40 ETF by 5.5% during the third quarter. NewEdge Advisors LLC now owns 46,630 shares of the company’s stock worth $1,044,000 after purchasing an additional 2,416 shares during the period.

About Alger Mid Cap 40 ETF

(Get Free Report)

The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that is based on the Russell Midcap Growth index. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is managed by Alger.