Short Interest in AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Decreases By 52.7%

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 458,107 shares, a drop of 52.7% from the July 30th total of 968,046 shares. Approximately 1.8% of the shares of the stock are sold short. Based on an average trading volume of 631,353 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On AGF U.S. Market Neutral Anti-Beta Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Crescent Grove Advisors LLC purchased a new position in shares of AGF U.S. Market Neutral Anti-Beta Fund during the first quarter valued at approximately $6,614,000. Advisory Services Network LLC raised its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 2,091.7% in the fourth quarter. Advisory Services Network LLC now owns 329,604 shares of the company’s stock worth $4,743,000 after buying an additional 314,565 shares during the period. PMV Capital Advisers LLC lifted its stake in shares of AGF U.S. Market Neutral Anti-Beta Fund by 14.0% during the 1st quarter. PMV Capital Advisers LLC now owns 246,621 shares of the company’s stock worth $3,443,000 after acquiring an additional 30,234 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% during the 1st quarter. Bank of New York Mellon Corp now owns 27,235 shares of the company’s stock valued at $380,000 after acquiring an additional 10,146 shares during the period. Finally, Worth Asset Management LLC boosted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 20.5% during the 1st quarter. Worth Asset Management LLC now owns 30,472 shares of the company’s stock valued at $425,000 after acquiring an additional 5,190 shares during the period.

AGF U.S. Market Neutral Anti-Beta Fund Trading Up 1.8%

Shares of NYSEARCA:BTAL traded up $0.22 during midday trading on Friday, reaching $12.25. 471,391 shares of the company were exchanged, compared to its average volume of 800,842. The business’s fifty day moving average is $11.84 and its two-hundred day moving average is $12.58. AGF U.S. Market Neutral Anti-Beta Fund has a one year low of $10.86 and a one year high of $16.59. The stock has a market cap of $308.70 million, a PE ratio of 17.67 and a beta of -0.64.

AGF U.S. Market Neutral Anti-Beta Fund Company Profile

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.