Leatt Corp. (OTCMKTS:LEAT) Short Interest Down 87.7% in May

Leatt Corp. (OTCMKTS:LEAT) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 401 shares, a drop of 87.7% from the April 30th total of 3,263 shares. Based on an average daily volume of 19,060 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Leatt Price Performance

OTCMKTS LEAT traded up $0.10 during trading hours on Thursday, reaching $11.97. 1,228 shares of the company’s stock traded hands, compared to its average volume of 3,891. Leatt has a 52-week low of $8.00 and a 52-week high of $14.50. The firm has a market cap of $74.57 million, a PE ratio of 19.62 and a beta of 0.83. The firm has a 50-day simple moving average of $10.08 and a 200 day simple moving average of $9.66.

Leatt (OTCMKTS:LEAT) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter. The company had revenue of $19.51 million during the quarter. Leatt had a net margin of 5.93% and a return on equity of 9.27%.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.