Short Interest in AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Rises By 34.3%

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

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

A number of large investors have recently bought and sold shares of BTAL. J.Safra Asset Management Corp purchased a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund in the second quarter valued at approximately $48,000. Triumph Capital Management purchased a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund during the 3rd quarter worth $70,000. Worth Asset Management LLC purchased a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 4th quarter valued at about $364,000. IFP Advisors Inc increased its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 7.4% in the 3rd quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock valued at $364,000 after purchasing an additional 1,582 shares in the last quarter. Finally, Ethos Financial Group LLC lifted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 24.7% in the second quarter. Ethos Financial Group LLC now owns 25,229 shares of the company’s stock valued at $446,000 after purchasing an additional 5,004 shares during the period.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 1.9%

Shares of NYSEARCA BTAL traded up $0.27 during mid-day trading on Friday, reaching $14.22. The company had a trading volume of 1,453,328 shares, compared to its average volume of 615,861. The firm has a 50 day simple moving average of $14.33 and a two-hundred day simple moving average of $15.36. AGF U.S. Market Neutral Anti-Beta Fund has a 52-week low of $13.66 and a 52-week high of $22.10. The stock has a market cap of $329.90 million, a P/E ratio of 17.67 and a beta of -0.66.

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

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

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.