LHA Market State Tactical Beta ETF (BATS:MSTB) Sees Large Decline in Short Interest

LHA Market State Tactical Beta ETF (BATS:MSTB) was the recipient of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 3,272 shares, a decrease of 67.1% from the July 30th total of 9,958 shares. Based on an average daily volume of 8,969 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

LHA Market State Tactical Beta ETF Stock Performance

MSTB opened at $44.05 on Thursday. The firm’s fifty day moving average is $43.21 and its two-hundred day moving average is $41.71. The firm has a market cap of $179.72 million, a PE ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a twelve month low of $37.38 and a twelve month high of $45.54.

LHA Market State Tactical Beta ETF Company Profile

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.