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Were Hedge Funds Right About B2Gold Corp (BTG)?


Were Hedge Funds Right About B2Gold Corp (BTG)?
Last year we predicted the arrival of the first US recession since 2009 and we told in advance that the market will decline by at least 20% in (
Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards B2Gold Corp (NYSE:BTG).
B2Gold Corp (NYSE:BTG) was in 18 hedge funds’ portfolios at the end of March. The all time high for this statistic is 22. BTG has experienced a decrease in support from the world’s most elite money managers recently. There were 22 hedge funds in our database with BTG positions at the end of the fourth quarter. Our calculations also showed that BTG isn’t among the 30 most popular stocks among hedge funds (click for Q1 rankings). ....

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