Short Interest in AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) Declines By 16.0%

AGF U.S. Market Neutral Anti-Beta Fund (NYSEARCA:BTAL) saw a significant decline in short interest in April. As of April 15th, there was short interest totaling 1,134,617 shares, a decline of 16.0% from the March 31st total of 1,350,304 shares. Approximately 4.1% of the company’s stock are sold short. Based on an average trading volume of 909,914 shares, the short-interest ratio is currently 1.2 days.

AGF U.S. Market Neutral Anti-Beta Fund Stock Down 0.6%

AGF U.S. Market Neutral Anti-Beta Fund stock traded down $0.08 during midday trading on Friday, hitting $12.38. 511,565 shares of the stock were exchanged, compared to its average volume of 943,700. AGF U.S. Market Neutral Anti-Beta Fund has a 52-week low of $12.31 and a 52-week high of $20.07. The stock has a market capitalization of $318.17 million, a price-to-earnings ratio of 17.67 and a beta of -0.61. The business’s 50-day moving average price is $13.61 and its 200-day moving average price is $14.24.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BTAL. Triumph Capital Management purchased a new position in AGF U.S. Market Neutral Anti-Beta Fund during the third quarter worth about $70,000. J.Safra Asset Management Corp boosted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 8,142 shares of the company’s stock worth $117,000 after purchasing an additional 741 shares during the last quarter. Worth Asset Management LLC purchased a new position in AGF U.S. Market Neutral Anti-Beta Fund during the fourth quarter worth about $364,000. IFP Advisors Inc boosted its holdings in AGF U.S. Market Neutral Anti-Beta Fund by 7.4% during the third quarter. IFP Advisors Inc now owns 22,864 shares of the company’s stock worth $364,000 after purchasing an additional 1,582 shares during the last quarter. Finally, PMV Capital Advisers LLC boosted its stake 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 last quarter.

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.