Short Interest in Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Drops By 34.3%

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 8,965 shares, a drop of 34.3% from the April 15th total of 13,654 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 28,749 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. AdvisorNet Financial Inc increased its position in shares of Anfield U.S. Equity Sector Rotation ETF by 1.3% in 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 period. Mosley Wealth Management bought a new position in shares of Anfield U.S. Equity Sector Rotation ETF in the fourth quarter worth $622,000. Anfield Capital Management LLC boosted its stake in Anfield U.S. Equity Sector Rotation ETF by 15.5% in the fourth quarter. Anfield Capital Management LLC now owns 954,848 shares of the company’s stock valued at $16,188,000 after buying an additional 127,795 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Anfield U.S. Equity Sector Rotation ETF in the third quarter valued at about $62,000.

Anfield U.S. Equity Sector Rotation ETF Price Performance

AESR stock opened at $19.32 on Tuesday. The stock has a market capitalization of $149.34 million, a price-to-earnings ratio of 21.62 and a beta of 1.01. The business’s fifty day moving average price is $18.02 and its two-hundred day moving average price is $18.34. Anfield U.S. Equity Sector Rotation ETF has a fifty-two week low of $16.09 and a fifty-two week high of $21.23.

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.