Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Up 344.0% in January

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 222 shares, a growth of 344.0% from the December 31st total of 50 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 11,056 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 11,056 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Leatherback Long/Short Alternative Yield ETF Stock Performance

NYSEARCA LBAY traded down $0.32 on Friday, hitting $25.30. The stock had a trading volume of 1,139 shares, compared to its average volume of 8,892. The firm has a 50-day moving average of $24.61 and a 200-day moving average of $24.69. The company has a market capitalization of $20.24 million, a price-to-earnings ratio of 17.38 and a beta of 0.41. Leatherback Long/Short Alternative Yield ETF has a 52-week low of $23.15 and a 52-week high of $26.27.

Leatherback Long/Short Alternative Yield ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a $0.085 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.