Alger 35 ETF (NYSEARCA:ATFV) Short Interest Update
by Doug Wharley · The Cerbat GemAlger 35 ETF (NYSEARCA:ATFV – Get Free Report) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 3,866 shares, a decrease of 91.1% from the November 30th total of 43,419 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 41,186 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 41,186 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.
Alger 35 ETF Price Performance
Shares of NYSEARCA:ATFV traded down $0.14 during trading on Friday, reaching $35.60. 75,047 shares of the company were exchanged, compared to its average volume of 24,199. The firm has a market capitalization of $105.02 million, a PE ratio of 29.96 and a beta of 1.29. The business’s fifty day simple moving average is $34.98 and its 200-day simple moving average is $32.92. Alger 35 ETF has a 12-month low of $18.98 and a 12-month high of $36.90.
Alger 35 ETF Announces Dividend
The company also recently declared an annual dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Thursday, December 18th will be given a dividend of $0.0708 per share. The ex-dividend date of this dividend is Thursday, December 18th. This represents a dividend yield of 21.0%.
Institutional Trading of Alger 35 ETF
A number of hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. purchased a new position in Alger 35 ETF during the 3rd quarter valued at about $83,000. Worth Asset Management LLC bought a new position in shares of Alger 35 ETF during the third quarter valued at approximately $210,000. Citadel Advisors LLC purchased a new stake in Alger 35 ETF during the third quarter worth $227,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Alger 35 ETF during the 3rd quarter worth $249,000. Finally, Beverly Hills Private Wealth LLC bought a new stake in Alger 35 ETF during the third quarter valued at about $322,000.
Alger 35 ETF Company Profile
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.