LHA Market State Tactical Beta ETF (BATS:MSTB) Short Interest Update

LHA Market State Tactical Beta ETF (BATS:MSTB) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 8,452 shares, a growth of 1,406.6% from the April 30th total of 561 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 6,115 shares, the days-to-cover ratio is currently 1.4 days.

LHA Market State Tactical Beta ETF Price Performance

MSTB traded up $0.01 on Wednesday, reaching $43.20. 1,947 shares of the company’s stock were exchanged, compared to its average volume of 10,130. The stock has a market cap of $176.26 million, a PE ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a twelve month low of $35.46 and a twelve month high of $45.54. The stock’s fifty day moving average price is $40.73 and its 200-day moving average price is $40.29.

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.