Leatt Corp. (OTCMKTS:LEAT) Stock Short Interest Report for October

Leatt Corp. (OTCMKTS:LEAT) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 390 shares, a decline of 68.3% from the September 30th total of 1,230 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,791 shares, the days-to-cover ratio is currently 0.2 days.

Leatt Stock Up 4.8%

Shares of OTCMKTS:LEAT opened at $11.00 on Friday. Leatt has a 12-month low of $8.31 and a 12-month high of $13.37. The company’s 50 day moving average price is $11.60 and its two-hundred day moving average price is $10.93. The firm has a market cap of $68.42 million, a PE ratio of 19.30 and a beta of 0.78.

Leatt (OTCMKTS:LEAT) last issued its earnings results on Friday, August 14th. The company reported $0.14 EPS for the quarter. The company had revenue of $16.39 million during the quarter. Leatt had a net margin of 5.56% and a return on equity of 8.52%.

About Leatt

Leatt Corporation is a South African company that designs, develops and markets protective equipment and apparel for action sports and powersports participants. Its products are sold primarily under the Leatt brand and are intended for motocross, off-road motorcycling, mountain biking and related activities.

The company’s product portfolio includes neck braces, helmets, body armor, chest protectors, knee and elbow guards, gloves, riding jerseys and pants, boots, footwear, hydration systems and other protective or performance-oriented accessories.