Leatt Corp. (OTCMKTS:LEAT) Sees Significant Decrease in Short Interest

Leatt Corp. (OTCMKTS:LEAT) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 158 shares, a decrease of 60.6% from the May 14th total of 401 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 7,833 shares, the days-to-cover ratio is currently 0.0 days.

Leatt Stock Performance

LEAT traded down $0.15 during midday trading on Friday, hitting $12.65. The stock had a trading volume of 101 shares, compared to its average volume of 3,524. The company has a market cap of $78.85 million, a P/E ratio of 20.74 and a beta of 0.87. The business has a fifty day moving average of $10.90 and a 200 day moving average of $9.85. Leatt has a 1 year low of $8.00 and a 1 year high of $14.50.

Leatt (OTCMKTS:LEAT) last issued its earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share (EPS) for the quarter. The business had revenue of $19.51 million during the quarter. Leatt had a return on equity of 9.27% and a net margin of 5.93%.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.