AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Short Interest Update

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 873,918 shares, a growth of 90.8% from the August 15th total of 458,107 shares. Based on an average daily volume of 476,023 shares, the short-interest ratio is presently 1.8 days. Approximately 3.5% of the company’s stock are short sold.

Institutional Trading of AGF U.S. Market Neutral Anti-Beta Fund

Hedge funds have recently bought and sold shares of the business. Crescent Grove Advisors LLC bought a new position in AGF U.S. Market Neutral Anti-Beta Fund in the 1st quarter valued at $6,614,000. PMV Capital Advisers LLC raised 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 purchasing an additional 30,234 shares during the period. Worth Asset Management LLC boosted its holdings in shares of AGF U.S. Market Neutral Anti-Beta Fund by 20.5% in the 1st quarter. Worth Asset Management LLC now owns 30,472 shares of the company’s stock worth $425,000 after buying an additional 5,190 shares during the last quarter. Bank of New York Mellon Corp grew its position in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% during the first quarter. Bank of New York Mellon Corp now owns 27,235 shares of the company’s stock valued at $380,000 after buying an additional 10,146 shares during the period. Finally, CoreCap Advisors LLC purchased a new stake in AGF U.S. Market Neutral Anti-Beta Fund during the second quarter worth about $36,000.

AGF U.S. Market Neutral Anti-Beta Fund Stock Performance

Shares of AGF U.S. Market Neutral Anti-Beta Fund stock traded up $0.04 during mid-day trading on Tuesday, hitting $12.63. 352,208 shares of the stock were exchanged, compared to its average volume of 796,373. AGF U.S. Market Neutral Anti-Beta Fund has a 12 month low of $10.86 and a 12 month high of $16.14. The company has a 50-day simple moving average of $12.05 and a 200 day simple moving average of $12.44. The company has a market capitalization of $318.40 million, a P/E ratio of 17.67 and a beta of -0.64.

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.