LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) Sees Significant Drop in Short Interest

LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 422 shares, a decrease of 75.6% from the June 15th total of 1,731 shares. Based on an average trading volume of 3,493 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

LeaderShares AlphaFactor US Core Equity ETF Trading Up 0.6%

Shares of NYSEARCA LSAF traded up $0.32 during mid-day trading on Friday, reaching $53.20. 6,477 shares of the company’s stock were exchanged, compared to its average volume of 5,044. The firm has a market capitalization of $121.30 million, a price-to-earnings ratio of 15.59 and a beta of 0.94. The business has a fifty day simple moving average of $50.62 and a 200 day simple moving average of $48.14. LeaderShares AlphaFactor US Core Equity ETF has a twelve month low of $41.54 and a twelve month high of $53.34.

About LeaderShares AlphaFactor US Core Equity ETF

The LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) is an exchange-traded fund that is based on the AlphaFactor U.S. Core Equity index. The fund tracks an equal-weighted index of US stocks selected by multiple fundamental factors. LSAF was launched on Oct 2, 2018 and is managed by LeaderShares.