Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report)’s share price shot up 3.5% during trading on Thursday . The company traded as high as $25.78 and last traded at $25.78. Approximately 3,444 shares traded hands during trading, a decline of 31% from the average daily volume of 4,974 shares. The stock had previously closed at $24.91.
Leatherback Long/Short Alternative Yield ETF Trading Up 3.5%
The firm’s 50 day moving average is $25.65 and its two-hundred day moving average is $26.13. The stock has a market cap of $18.05 million, a price-to-earnings ratio of 17.38 and a beta of 0.28.
About Leatherback Long/Short Alternative Yield ETF
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.
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