Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Stock Price Up 1.2% – Here’s What Happened

Shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) rose 1.2% on Friday . The company traded as high as $24.86 and last traded at $24.85. Approximately 1,068 shares traded hands during trading, a decline of 71% from the average daily volume of 3,681 shares. The stock had previously closed at $24.56.

Leatherback Long/Short Alternative Yield ETF Price Performance

The firm has a market cap of $33.55 million, a PE ratio of 17.74 and a beta of 0.49. The business has a fifty day moving average price of $24.21 and a two-hundred day moving average price of $26.04.

Hedge Funds Weigh In On Leatherback Long/Short Alternative Yield ETF

A hedge fund recently bought a new stake in Leatherback Long/Short Alternative Yield ETF stock. OLD Mission Capital LLC purchased a new stake in shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 24,007 shares of the company’s stock, valued at approximately $581,000. OLD Mission Capital LLC owned approximately 1.45% of Leatherback Long/Short Alternative Yield ETF as of its most recent SEC filing.

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.