Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 9,064 shares, an increase of 100.7% from the February 12th total of 4,516 shares. Currently, 1.1% of the shares of the company are short sold. Based on an average daily volume of 6,404 shares, the days-to-cover ratio is presently 1.4 days. Based on an average daily volume of 6,404 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.1% of the shares of the company are short sold.
Leatherback Long/Short Alternative Yield ETF Trading Up 0.5%
NYSEARCA:LBAY traded up $0.14 during midday trading on Thursday, hitting $27.32. 1,344 shares of the stock were exchanged, compared to its average volume of 9,451. The company has a market capitalization of $21.86 million, a price-to-earnings ratio of 17.38 and a beta of 0.41. Leatherback Long/Short Alternative Yield ETF has a one year low of $23.15 and a one year high of $29.03. The business has a 50-day moving average price of $26.59 and a two-hundred day moving average price of $25.31.
Leatherback Long/Short Alternative Yield ETF Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.085 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, February 24th.
Leatherback Long/Short Alternative Yield ETF Company Profile
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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