Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Shares Up 0% – Here’s Why

Shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report) shot up 0% on Thursday . The company traded as high as $26.47 and last traded at $26.47. 10,031 shares were traded during trading, an increase of 129% from the average session volume of 4,381 shares. The stock had previously closed at $26.46.

Leatherback Long/Short Alternative Yield ETF Stock Performance

The firm’s 50 day simple moving average is $25.74 and its 200 day simple moving average is $26.43. The firm has a market capitalization of $18.53 million, a price-to-earnings ratio of 17.38 and a beta of 0.27.

About Leatherback Long/Short Alternative Yield ETF

(Get Free Report)

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.

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