Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Declines By 95.8%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 60 shares, a decline of 95.8% from the April 30th total of 1,422 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 2,160 shares, the short-interest ratio is currently 0.0 days.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

LSAT stock traded down $0.10 during mid-day trading on Thursday, hitting $42.76. The company had a trading volume of 1,377 shares, compared to its average volume of 8,203. The firm has a market cap of $62.00 million, a PE ratio of 13.49 and a beta of 0.65. LeaderShares AlphaFactor Tactical Focused ETF has a 12 month low of $38.49 and a 12 month high of $43.26. The stock’s fifty day moving average price is $41.31 and its two-hundred day moving average price is $40.23.

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.