Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Update

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 79 shares, a decline of 84.7% from the May 14th total of 516 shares. Based on an average daily volume of 1,066 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Leatherback Long/Short Alternative Yield ETF Trading Down 0.7%

NYSEARCA:LBAY traded down $0.18 during trading hours on Wednesday, reaching $25.35. 2,710 shares of the company traded hands, compared to its average volume of 5,396. The business’s 50-day moving average price is $26.37 and its two-hundred day moving average price is $26.01. The stock has a market capitalization of $19.01 million, a P/E ratio of 17.38 and a beta of 0.27. 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

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.