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

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) was the recipient of a significant drop in short interest in the month of 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. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 44,694 shares, the days-to-cover ratio is currently 0.5 days.

Anfield U.S. Equity Sector Rotation ETF Stock Performance

Shares of BATS:AESR opened at $19.90 on Monday. Anfield U.S. Equity Sector Rotation ETF has a 1-year low of $16.09 and a 1-year high of $21.23. The stock has a market capitalization of $153.83 million, a P/E ratio of 21.62 and a beta of 1.01. The business has a 50-day moving average price of $20.04 and a two-hundred day moving average price of $19.03.

Hedge Funds Weigh In On Anfield U.S. Equity Sector Rotation ETF

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

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.