Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Short Interest Down 56.3% in August

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 21,155 shares, a drop of 56.3% from the July 30th total of 48,394 shares. Based on an average daily trading volume, of 44,694 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Anfield U.S. Equity Sector Rotation ETF Price Performance

BATS:AESR opened at $19.90 on Friday. The firm has a 50-day moving average of $20.04 and a 200-day moving average of $19.02. The company has a market cap of $153.83 million, a PE ratio of 21.62 and a beta of 1.01. Anfield U.S. Equity Sector Rotation ETF has a one year low of $16.09 and a one year high of $21.23.

Institutional Investors Weigh In On Anfield U.S. Equity Sector Rotation ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mosley Wealth Management purchased a new position in Anfield U.S. Equity Sector Rotation ETF during the 4th quarter worth $622,000. Anfield Capital Management LLC boosted its holdings in Anfield U.S. Equity Sector Rotation ETF by 15.5% during the fourth quarter. Anfield Capital Management LLC now owns 954,848 shares of the company’s stock worth $16,188,000 after purchasing an additional 127,795 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in Anfield U.S. Equity Sector Rotation ETF by 1.3% during the first quarter. AdvisorNet Financial Inc now owns 61,127 shares of the company’s stock worth $1,023,000 after purchasing an additional 798 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new stake in Anfield U.S. Equity Sector Rotation ETF in the 3rd quarter worth about $62,000.

About Anfield U.S. Equity Sector Rotation ETF

The Anfield U.S. Equity Sector Rotation ETF (AESR) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed fund-of-funds of large-cap US equities that uses macroeconomic and forecasting methodology to pursue a sector rotation strategy. AESR was launched on Dec 17, 2019 and is managed by Anfield.