Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) rose 0.8% on Tuesday. The company traded as high as $26.95 and last traded at $26.95. 103 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 3,735 shares. The stock had previously closed at $26.73.
Leatherback Long/Short Alternative Yield ETF Trading Up 2.5%
The firm has a market capitalization of $17.85 million, a P/E ratio of 17.38 and a beta of 0.28. The company has a 50-day moving average of $26.58 and a 200-day moving average of $26.20.
Leatherback Long/Short Alternative Yield ETF Announces Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were paid a $0.0850 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $1.02 annualized dividend and a dividend yield of 3.7%.
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.
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