Short Interest in Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Drops By 62.4%

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 50 shares, a drop of 62.4% from the December 15th total of 133 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,469 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 5,469 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Leatherback Long/Short Alternative Yield ETF Trading Down 0.4%

NYSEARCA:LBAY traded down $0.09 during mid-day trading on Friday, hitting $25.06. The stock had a trading volume of 1,201 shares, compared to its average volume of 11,010. The company has a 50 day simple moving average of $24.36 and a 200-day simple moving average of $24.65. The stock has a market capitalization of $22.55 million, a price-to-earnings ratio of 17.38 and a beta of 0.41. Leatherback Long/Short Alternative Yield ETF has a 52 week low of $23.15 and a 52 week high of $26.27.

Leatherback Long/Short Alternative Yield ETF Company Profile

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.