LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Down 95.8% in May

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 60 shares, a decline of 95.8% from the April 30th total of 1,422 shares. Based on an average trading volume of 2,160 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Down 0.2%

LeaderShares AlphaFactor Tactical Focused ETF stock traded down $0.07 during midday trading on Friday, reaching $42.69. The stock had a trading volume of 743 shares, compared to its average volume of 8,129. LeaderShares AlphaFactor Tactical Focused ETF has a 12 month low of $38.49 and a 12 month high of $43.26. The firm’s 50-day moving average price is $41.46 and its 200 day moving average price is $40.27. The firm has a market capitalization of $61.90 million, a PE ratio of 13.49 and a beta of 0.65.

About LeaderShares AlphaFactor Tactical Focused ETF

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.