Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Sees Large Growth in Short Interest

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 139 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily trading volume, of 2,504 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Leatherback Long/Short Alternative Yield ETF Stock Down 0.7%

NYSEARCA:LBAY opened at $26.38 on Tuesday. Leatherback Long/Short Alternative Yield ETF has a twelve month low of $23.44 and a twelve month high of $29.03. The stock’s 50-day simple moving average is $25.78 and its 200 day simple moving average is $26.44. The firm has a market capitalization of $18.47 million, a PE ratio of 17.38 and a beta of 0.27.

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.