Short Interest in LHA Market State Tactical Beta ETF (BATS:MSTB) Drops By 85.3%

LHA Market State Tactical Beta ETF (BATS:MSTB) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,834 shares, a decrease of 85.3% from the June 15th total of 12,510 shares. Based on an average daily trading volume, of 6,141 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

LHA Market State Tactical Beta ETF Price Performance

LHA Market State Tactical Beta ETF stock traded up $0.22 during mid-day trading on Friday, reaching $43.33. The company had a trading volume of 6,968 shares, compared to its average volume of 10,583. LHA Market State Tactical Beta ETF has a 1 year low of $37.33 and a 1 year high of $45.54. The company has a market capitalization of $176.79 million, a P/E ratio of 24.18 and a beta of 0.89. The stock’s 50-day simple moving average is $42.80 and its 200-day simple moving average is $40.96.

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.