Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Decreases By 57.5%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 236 shares, a decline of 57.5% from the January 15th total of 555 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,117 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 28,117 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Price Performance

NYSEARCA LSAT traded down $0.24 on Thursday, reaching $39.78. 3,459 shares of the company’s stock traded hands, compared to its average volume of 19,688. The stock has a market cap of $60.47 million, a PE ratio of 13.49 and a beta of 0.74. LeaderShares AlphaFactor Tactical Focused ETF has a 12 month low of $34.81 and a 12 month high of $42.54. The stock has a 50-day simple moving average of $39.53 and a 200 day simple moving average of $40.31.

LeaderShares AlphaFactor Tactical Focused ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 24th. Shareholders of record on Wednesday, December 17th were paid a $0.7373 dividend. The ex-dividend date of this dividend was Wednesday, December 17th. This represents a yield of 186.0%.

LeaderShares AlphaFactor Tactical Focused ETF Company Profile

The LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods. LSAT was launched on Oct 27, 2020 and is managed by LeaderShares.