Aristides Up 11 Percent YTD Boosted By SAExploration Long

Aristides Capital LLC is having a relatively good year. The firm’s two funds, Aristides Fund LP and Aristides Fund QP gained 2.98% and 3.12% respectively during August. Year-to-date, Aristides Fund LP is up 10.76%, and Aristides Fund QP, LP is up 10.62%. Since inception (August 15, 2008) Aristides Fund LP is up 290.64% or 18.16% annualized. On a dollar-weighted basis, the two funds added approximately 297 basis points of alpha last month, bringing year-to-date alpha to positive 917 +/- 78 basis points according to a letter to investors reviewed by ValueWalk. Q3 hedge fund letters Aristides Capital Boosted On Tesla,…