LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Large Increase in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 333 shares, a growth of 494.6% from the May 31st total of 56 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 0.1 days.

LeaderShares AlphaFactor Tactical Focused ETF Trading Up 1.6%

NYSEARCA LSAT traded up $0.71 during trading hours on Friday, hitting $44.18. The company’s stock had a trading volume of 744 shares, compared to its average volume of 7,243. The company has a market capitalization of $64.06 million, a PE ratio of 13.49 and a beta of 0.64. LeaderShares AlphaFactor Tactical Focused ETF has a 52 week low of $38.49 and a 52 week high of $44.18. The company’s 50-day simple moving average is $42.69 and its two-hundred day simple moving average is $40.70.

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.