LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Significant Decrease in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 4,294 shares, a drop of 37.6% from the August 31st total of 6,881 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 3,571 shares, the short-interest ratio is presently 1.2 days.

LeaderShares AlphaFactor Tactical Focused ETF Trading Up 0.3%

LeaderShares AlphaFactor Tactical Focused ETF stock traded up $0.14 during mid-day trading on Thursday, hitting $44.09. The company’s stock had a trading volume of 154 shares, compared to its average volume of 6,223. LeaderShares AlphaFactor Tactical Focused ETF has a 1 year low of $38.49 and a 1 year high of $47.69. The firm has a market capitalization of $63.93 million, a PE ratio of 13.49 and a beta of 0.63. The stock’s fifty day moving average is $46.25 and its two-hundred day moving average is $43.78.

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.