Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Update

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 516 shares, an increase of 84.3% from the April 30th total of 280 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 1,473 shares, the days-to-cover ratio is currently 0.4 days.

Leatherback Long/Short Alternative Yield ETF Stock Performance

LBAY opened at $25.06 on Tuesday. The company has a market cap of $18.80 million, a PE ratio of 17.38 and a beta of 0.29. The stock has a 50-day moving average of $26.51 and a 200-day moving average of $25.97. Leatherback Long/Short Alternative Yield ETF has a 52-week low of $23.44 and a 52-week high of $29.03.

Leatherback Long/Short Alternative Yield ETF Company Profile

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.