Short Interest in Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) Decreases By 99.4%

Anfield U.S. Equity Sector Rotation ETF (BATS:AESR) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totaling 52 shares, a drop of 99.4% from the April 30th total of 8,965 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 26,662 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. purchased a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the third quarter worth approximately $62,000. Mosley Wealth Management purchased a new position in shares of Anfield U.S. Equity Sector Rotation ETF during the fourth quarter worth approximately $622,000. AdvisorNet Financial Inc raised its stake in shares of 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 acquiring an additional 798 shares in the last quarter. Finally, Anfield Capital Management LLC raised its stake in shares of Anfield U.S. Equity Sector Rotation ETF by 1.5% during the third quarter. Anfield Capital Management LLC now owns 827,053 shares of the company’s stock worth $17,021,000 after acquiring an additional 12,110 shares in the last quarter.

Anfield U.S. Equity Sector Rotation ETF Stock Performance

AESR stock opened at $20.11 on Thursday. The company has a market capitalization of $155.45 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. The company’s 50 day moving average price is $18.37 and its two-hundred day moving average price is $18.29.

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.