Regal Funds Management

when researching this stock I noticed that this fund manager last year got rid of approx. 2% of their holding. If you look their strategy they incorporate both long and short strategies to make money. I am just speculating here but maybe just maybe they are playing games with TFC on both the long and the shot side.....
Anyone else looked into these guys?
Maybe when a fund like this make enough money shorting they will go long at the expense of people like you and me who are just trying to invest on an even playing field...