LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Up 841.7% in April

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,422 shares, an increase of 841.7% from the April 15th total of 151 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,575 shares, the short-interest ratio is presently 0.4 days.

LeaderShares AlphaFactor Tactical Focused ETF Trading Down 0.7%

LSAT stock traded down $0.29 on Tuesday, hitting $42.38. The company had a trading volume of 977 shares, compared to its average volume of 8,890. LeaderShares AlphaFactor Tactical Focused ETF has a 12-month low of $38.49 and a 12-month high of $43.22. The stock’s 50-day simple moving average is $40.58 and its 200 day simple moving average is $40.05. The stock has a market cap of $61.45 million, a price-to-earnings ratio of 13.49 and a beta of 0.65.

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.