Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) announced a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be paid a dividend of $0.0850 per share on Friday, October 30th. This represents a $1.02 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Thursday, October 29th.
Leatherback Long/Short Alternative Yield ETF Stock Performance
NYSEARCA LBAY opened at $26.74 on Thursday. The firm’s 50 day moving average price is $26.62 and its 200-day moving average price is $26.41. Leatherback Long/Short Alternative Yield ETF has a 52-week low of $23.44 and a 52-week high of $29.03. The company has a market cap of $17.38 million, a PE ratio of 17.38 and a beta of 0.28.
About Leatherback Long/Short Alternative Yield ETF
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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