Short Interest in Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Expands By 2,002.2%

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,922 shares, a growth of 2,002.2% from the July 30th total of 139 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 2,305 shares, the short-interest ratio is currently 1.3 days.

Leatherback Long/Short Alternative Yield ETF Stock Performance

Shares of LBAY opened at $28.41 on Wednesday. The stock has a 50 day moving average price of $26.08 and a 200 day moving average price of $26.52. Leatherback Long/Short Alternative Yield ETF has a one year low of $23.44 and a one year high of $29.03. The stock has a market capitalization of $19.89 million, a price-to-earnings ratio of 17.38 and a beta of 0.27.

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.