Alger 35 ETF (NYSEARCA:ATFV) Short Interest Update

Alger 35 ETF (NYSEARCA:ATFVGet Free Report) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 3,866 shares, a drop 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 daily trading volume, of 41,186 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 41,186 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Alger 35 ETF Stock Performance

ATFV stock traded up $0.18 on Thursday, reaching $35.74. The company’s stock had a trading volume of 18,985 shares, compared to its average volume of 23,993. The firm has a market cap of $105.43 million, a PE ratio of 29.96 and a beta of 1.29. The business has a fifty day simple moving average of $34.95 and a two-hundred day simple moving average of $32.84. Alger 35 ETF has a 12-month low of $18.98 and a 12-month high of $36.90.

Alger 35 ETF Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Wednesday, December 31st. Investors of record on Thursday, December 18th will be paid a $0.0708 dividend. This represents a yield of 21.0%. The ex-dividend date of this dividend is Thursday, December 18th.

Hedge Funds Weigh In On Alger 35 ETF

Several large investors have recently made changes to their positions in ATFV. Mariner LLC purchased a new stake in shares of Alger 35 ETF during the 3rd quarter valued at about $3,293,000. Chilton Investment Co. Inc. bought a new stake in shares of Alger 35 ETF during the 3rd quarter valued at about $2,936,000. Equitable Holdings Inc. bought a new position in shares of Alger 35 ETF in the 3rd quarter worth approximately $634,000. Avior Wealth Management LLC bought a new position in shares of Alger 35 ETF in the 2nd quarter worth approximately $484,000. Finally, NewEdge Advisors LLC purchased a new position in shares of Alger 35 ETF in the second quarter worth approximately $460,000.

About Alger 35 ETF

(Get Free Report)

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.

Further Reading

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