Short Interest in Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Grows By 344.0%

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 222 shares, a growth of 344.0% from the December 31st total of 50 shares. Based on an average daily trading volume, of 11,056 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,056 shares, the days-to-cover ratio is presently 0.0 days.

Leatherback Long/Short Alternative Yield ETF Stock Up 0.8%

Shares of LBAY traded up $0.20 on Thursday, reaching $25.62. The stock had a trading volume of 3,433 shares, compared to its average volume of 9,302. The firm has a 50-day moving average of $24.61 and a 200 day moving average of $24.69. The firm has a market capitalization of $22.55 million, a PE ratio of 17.38 and a beta of 0.41. Leatherback Long/Short Alternative Yield ETF has a twelve month low of $23.15 and a twelve month high of $26.27.

Leatherback Long/Short Alternative Yield ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be given a dividend of $0.085 per share. The ex-dividend date is Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 4.0%.

About Leatherback Long/Short Alternative Yield ETF

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.