Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Increases By 494.6%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 333 shares, a growth of 494.6% from the May 31st total of 56 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

Shares of LeaderShares AlphaFactor Tactical Focused ETF stock traded up $0.71 during trading hours on Friday, reaching $44.18. 3,620 shares of the company were exchanged, compared to its average volume of 7,267. LeaderShares AlphaFactor Tactical Focused ETF has a 1 year low of $38.49 and a 1 year high of $44.18. The stock’s fifty day moving average is $42.74 and its 200 day moving average is $40.73. The firm has a market cap of $64.06 million, a PE ratio of 13.49 and a beta of 0.64.

LeaderShares AlphaFactor Tactical Focused ETF Company Profile

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.