Leatt Corp. (OTCMKTS:LEAT) Sees Significant Growth in Short Interest

Leatt Corp. (OTCMKTS:LEAT) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 259 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 2,422 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Leatt Trading Up 0.9%

Shares of LEAT stock opened at $11.80 on Thursday. The stock has a market cap of $73.51 million, a P/E ratio of 19.34 and a beta of 0.85. The stock has a 50 day simple moving average of $11.99 and a 200 day simple moving average of $10.22. Leatt has a 1 year low of $8.31 and a 1 year high of $14.50.

Leatt (OTCMKTS:LEAT) last released its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter. Leatt had a return on equity of 9.27% and a net margin of 5.93%.The company had revenue of $19.51 million for the quarter.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.