Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Trading 1% Higher – Here’s What Happened

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY)’s stock price traded up 1% during trading on Thursday . The stock traded as high as $26.11 and last traded at $26.11. 423 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 4,622 shares. The stock had previously closed at $25.84.

Leatherback Long/Short Alternative Yield ETF Stock Performance

The company has a market cap of $18.28 million, a P/E ratio of 17.38 and a beta of 0.28. The stock’s fifty day moving average price is $25.51 and its two-hundred day moving average price is $26.26.

About Leatherback Long/Short Alternative Yield ETF

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.