LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Shares Shorted: Short Interest Up 832.8% in September

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 40,056 shares, a growth of 832.8% from the September 15th total of 4,294 shares. Based on an average trading volume of 13,199 shares, the days-to-cover ratio is presently 3.0 days. Approximately 2.8% of the shares of the company are sold short.

LeaderShares AlphaFactor Tactical Focused ETF Price Performance

LSAT stock traded up $0.14 during trading hours on Friday, reaching $45.42. The stock had a trading volume of 942 shares, compared to its average volume of 6,134. The stock has a market capitalization of $65.86 million, a PE ratio of 13.49 and a beta of 0.62. The stock has a 50-day simple moving average of $46.10 and a 200 day simple moving average of $44.08. LeaderShares AlphaFactor Tactical Focused ETF has a fifty-two week low of $38.49 and a fifty-two 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.