Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) rose 3.5% during mid-day trading on Thursday . The company traded as high as $25.78 and last traded at $25.78. Approximately 3,444 shares changed hands during trading, a decline of 31% from the average session volume of 4,974 shares. The stock had previously closed at $24.91.
Leatherback Long/Short Alternative Yield ETF Stock Performance
The company has a fifty day simple moving average of $25.65 and a two-hundred day simple moving average of $26.13. The company has a market capitalization of $18.05 million, a price-to-earnings ratio of 17.38 and a beta of 0.28.
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.
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