LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Up 841.7% in April

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,422 shares, an increase of 841.7% from the April 15th total of 151 shares. Based on an average daily volume of 3,575 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Trading Down 0.7%

Shares of LSAT stock traded down $0.29 during trading hours on Tuesday, reaching $42.38. 977 shares of the stock were exchanged, compared to its average volume of 8,890. LeaderShares AlphaFactor Tactical Focused ETF has a 12-month low of $38.49 and a 12-month high of $43.22. The company’s 50-day moving average price is $40.58 and its 200-day moving average price is $40.05. The firm has a market capitalization of $61.45 million, a price-to-earnings ratio of 13.49 and a beta of 0.65.

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.