Alger 35 ETF (NYSEARCA:ATFV) Short Interest Update

Alger 35 ETF (NYSEARCA:ATFV) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,074 shares, a decline of 74.5% from the February 12th total of 4,213 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 23,793 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 23,793 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Alger 35 ETF

Institutional investors have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in Alger 35 ETF during the 3rd quarter valued at $83,000. Global Retirement Partners LLC bought a new position in shares of Alger 35 ETF during the 4th quarter worth $182,000. Worth Asset Management LLC purchased a new position in shares of Alger 35 ETF during the third quarter valued at $210,000. Citadel Advisors LLC bought a new stake in shares of Alger 35 ETF in the third quarter valued at about $227,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Alger 35 ETF in the third quarter valued at about $249,000.

Alger 35 ETF Stock Performance

NYSEARCA:ATFV traded up $0.21 during trading hours on Wednesday, reaching $33.15. The stock had a trading volume of 6,097 shares, compared to its average volume of 32,904. The stock has a market capitalization of $119.34 million, a PE ratio of 29.96 and a beta of 1.29. Alger 35 ETF has a 52 week low of $18.98 and a 52 week high of $36.90. The company has a 50 day moving average price of $34.38 and a two-hundred day moving average price of $34.61.

Alger 35 ETF Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Thursday, December 18th were paid a dividend of $0.0708 per share. This represents a yield of 21.0%. The ex-dividend date of this dividend was Thursday, December 18th.

About Alger 35 ETF

The Alger 35 ETF (ATFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model. ATFV was launched on May 3, 2021 and is managed by Alger.