Leatt Co. (OTCMKTS:LEAT) Sees Significant Growth in Short Interest

Leatt Co. (OTCMKTS:LEATGet Free Report) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 600 shares, a growth of 200.0% from the July 31st total of 200 shares. Based on an average daily volume of 9,200 shares, the days-to-cover ratio is currently 0.1 days.

Leatt Price Performance

Shares of OTCMKTS:LEAT remained flat at $7.58 during midday trading on Tuesday. 10 shares of the stock traded hands, compared to its average volume of 4,690. Leatt has a 1-year low of $5.50 and a 1-year high of $14.25. The company’s 50-day moving average price is $6.93 and its 200 day moving average price is $7.65. The stock has a market cap of $47.11 million, a P/E ratio of -44.59 and a beta of 1.34.

Leatt (OTCMKTS:LEATGet Free Report) last posted its quarterly earnings results on Friday, August 9th. The company reported ($0.16) EPS for the quarter. Leatt had a negative net margin of 2.32% and a negative return on equity of 2.56%. The business had revenue of $10.08 million during the quarter.

About Leatt

(Get Free Report)

Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.

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