AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Sees Large Decrease in Short Interest

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 922,456 shares, a drop of 36.3% from the September 15th total of 1,447,471 shares. Currently, 3.6% of the shares of the company are sold short. Based on an average daily volume of 588,503 shares, the short-interest ratio is presently 1.6 days.

AGF U.S. Market Neutral Anti-Beta Fund Stock Down 0.2%

Shares of NYSEARCA:BTAL opened at $12.75 on Friday. AGF U.S. Market Neutral Anti-Beta Fund has a 52 week low of $10.86 and a 52 week high of $16.14. The company has a 50-day moving average price of $12.14 and a 200 day moving average price of $12.14. The company has a market cap of $325.76 million, a P/E ratio of 17.67 and a beta of -0.65.

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

Several hedge funds have recently modified their holdings of BTAL. CoreCap Advisors LLC acquired a new stake in shares of AGF U.S. Market Neutral Anti-Beta Fund in the 2nd quarter valued at approximately $36,000. Worth Asset Management LLC raised its position in AGF U.S. Market Neutral Anti-Beta Fund by 20.5% in the first quarter. Worth Asset Management LLC now owns 30,472 shares of the company’s stock worth $425,000 after acquiring an additional 5,190 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 59.4% in the first 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. PMV Capital Advisers LLC lifted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 14.0% in the first quarter. PMV Capital Advisers LLC now owns 246,621 shares of the company’s stock valued at $3,443,000 after acquiring an additional 30,234 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 939.7% in the third quarter. Farther Finance Advisors LLC now owns 42,356 shares of the company’s stock valued at $508,000 after acquiring an additional 38,282 shares during the period.

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.