LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Down 95.8% in May

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 60 shares, a decline of 95.8% from the April 30th total of 1,422 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,160 shares, the days-to-cover ratio is presently 0.0 days.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

LSAT traded down $0.03 during mid-day trading on Wednesday, reaching $42.86. 2,792 shares of the stock were exchanged, compared to its average volume of 8,272. The stock has a market capitalization of $62.15 million, a PE ratio of 13.49 and a beta of 0.65. The company has a 50 day moving average price of $41.31 and a two-hundred day moving average price of $40.23. LeaderShares AlphaFactor Tactical Focused ETF has a 1 year low of $38.49 and a 1 year high of $43.26.

About LeaderShares AlphaFactor Tactical Focused ETF

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.