Short Interest in Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Rises By 2,002.2%

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 2,922 shares, an increase of 2,002.2% from the July 30th total of 139 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 2,305 shares, the short-interest ratio is presently 1.3 days.

Leatherback Long/Short Alternative Yield ETF Stock Performance

Shares of Leatherback Long/Short Alternative Yield ETF stock opened at $28.32 on Thursday. The firm has a market cap of $19.82 million, a PE ratio of 17.38 and a beta of 0.27. The firm’s 50-day simple moving average is $26.14 and its 200-day simple moving average is $26.53. Leatherback Long/Short Alternative Yield ETF has a 1 year low of $23.44 and a 1 year high of $29.03.

About Leatherback Long/Short Alternative Yield ETF

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The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.

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