Short Interest in LHA Market State Tactical Beta ETF (BATS:MSTB) Drops By 85.3%

LHA Market State Tactical Beta ETF (BATS:MSTB) was the recipient of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,834 shares, a drop of 85.3% from the June 15th total of 12,510 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,141 shares, the short-interest ratio is presently 0.3 days.

LHA Market State Tactical Beta ETF Price Performance

BATS MSTB traded up $0.22 on Friday, hitting $43.33. 6,968 shares of the company’s stock were exchanged, compared to its average volume of 10,583. The firm has a market cap of $176.79 million, a price-to-earnings ratio of 24.18 and a beta of 0.89. The firm’s 50-day moving average price is $42.80 and its two-hundred day moving average price is $40.96. LHA Market State Tactical Beta ETF has a fifty-two week low of $37.33 and a fifty-two week high of $45.54.

About LHA Market State Tactical Beta ETF

The LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that aims to outperform the large-cap US equity market by holding long exposure to the S&P 500 combined with a dynamic risk overlay. The risk overlay can go long or short equity and volatility through the use of derivatives. MSTB was launched on Sep 30, 2020 and is managed by Little Harbor Advisors.