Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Declines By 54.1%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 228 shares, a decline of 54.1% from the July 30th total of 497 shares. Based on an average daily trading volume, of 1,738 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Up 0.0%

LeaderShares AlphaFactor Tactical Focused ETF stock traded up $0.01 on Friday, hitting $47.18. The company’s stock had a trading volume of 18,254 shares, compared to its average volume of 5,992. LeaderShares AlphaFactor Tactical Focused ETF has a one year low of $38.49 and a one year high of $47.69. The firm has a market cap of $66.05 million, a P/E ratio of 13.49 and a beta of 0.63. The company has a fifty day moving average price of $45.77 and a 200-day moving average price of $42.79.

About LeaderShares AlphaFactor Tactical Focused ETF

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.