Short Interest in LHA Market State Tactical Beta ETF (BATS:MSTB) Increases By 470.2%

LHA Market State Tactical Beta ETF (BATS:MSTBGet Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,657 shares, an increase of 470.2% from the August 15th total of 3,272 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 7,861 shares, the short-interest ratio is currently 2.4 days.

LHA Market State Tactical Beta ETF Trading Down 0.6%

MSTB opened at $43.44 on Friday. LHA Market State Tactical Beta ETF has a 12-month low of $37.38 and a 12-month high of $45.54. The firm has a 50 day moving average of $43.52 and a two-hundred day moving average of $42.01. The firm has a market capitalization of $177.24 million, a PE ratio of 24.18 and a beta of 0.89.

LHA Market State Tactical Beta ETF Company Profile

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The LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that aims to outperform the large-cap US equity market by holding long exposure to the S&P 500 combined with a dynamic risk overlay. The risk overlay can go long or short equity and volatility through the use of derivatives. MSTB was launched on Sep 30, 2020 and is managed by Little Harbor Advisors.

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