LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Significant Decrease in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a large decline in short interest in the month of 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 volume of 1,738 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Down 0.3%

LSAT traded down $0.15 during mid-day trading on Monday, reaching $47.03. 1,128 shares of the company traded hands, compared to its average volume of 5,961. The stock has a market capitalization of $65.84 million, a P/E ratio of 13.49 and a beta of 0.63. The company’s fifty day moving average price is $45.77 and its 200-day moving average price is $42.81. LeaderShares AlphaFactor Tactical Focused ETF has a 52-week low of $38.49 and a 52-week high of $47.69.

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.