Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Stock Price Down 0.3% – Time to Sell?

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report) shares were down 0.3% on Tuesday . The company traded as low as $26.96 and last traded at $26.97. 6,743 shares changed hands during trading, an increase of 66% from the average session volume of 4,074 shares. The stock had previously closed at $27.05.

Leatherback Long/Short Alternative Yield ETF Stock Up 0.2%

The firm has a market cap of $26.68 million, a P/E ratio of 17.38 and a beta of 0.27. The business has a fifty day simple moving average of $26.79 and a 200-day simple moving average of $26.46.

Leatherback Long/Short Alternative Yield ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were given a $0.085 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, July 30th.

Leatherback Long/Short Alternative Yield ETF Company Profile

(Get Free Report)

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.

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