LHA Market State Tactical Beta ETF (BATS:MSTB) Short Interest Up 1,406.6% in May

LHA Market State Tactical Beta ETF (BATS:MSTB) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,452 shares, an increase of 1,406.6% from the April 30th total of 561 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 6,115 shares, the short-interest ratio is currently 1.4 days.

LHA Market State Tactical Beta ETF Stock Up 0.0%

LHA Market State Tactical Beta ETF stock opened at $43.20 on Thursday. LHA Market State Tactical Beta ETF has a 52 week low of $35.46 and a 52 week high of $45.54. The stock has a 50-day moving average price of $40.80 and a 200 day moving average price of $40.31. The company has a market capitalization of $176.26 million, a price-to-earnings ratio of 24.18 and a beta of 0.89.

LHA Market State Tactical Beta ETF Company Profile

The LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that aims to outperform the large-cap US equity market by holding long exposure to the S&P 500 combined with a dynamic risk overlay. The risk overlay can go long or short equity and volatility through the use of derivatives. MSTB was launched on Sep 30, 2020 and is managed by Little Harbor Advisors.