LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Large Decline in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 236 shares, a drop of 57.5% from the January 15th total of 555 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 28,117 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 28,117 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Up 1.0%

Shares of LeaderShares AlphaFactor Tactical Focused ETF stock traded up $0.40 during trading hours on Friday, reaching $40.18. 6,611 shares of the company’s stock were exchanged, compared to its average volume of 19,250. The business has a fifty day moving average of $39.54 and a two-hundred day moving average of $40.31. The company has a market capitalization of $61.07 million, a P/E ratio of 13.49 and a beta of 0.74. LeaderShares AlphaFactor Tactical Focused ETF has a 1 year low of $34.81 and a 1 year high of $42.54.

LeaderShares AlphaFactor Tactical Focused ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were issued a $0.7373 dividend. The ex-dividend date was Wednesday, December 17th. This represents a yield of 186.0%.

LeaderShares AlphaFactor Tactical Focused ETF Company Profile

The LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods. LSAT was launched on Oct 27, 2020 and is managed by LeaderShares.