LHA Market State Tactical Beta ETF (BATS:MSTB) Short Interest Up 470.2% in August

LHA Market State Tactical Beta ETF (BATS:MSTB) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 18,657 shares, an increase of 470.2% from the August 15th total of 3,272 shares. Based on an average daily volume of 7,861 shares, the days-to-cover ratio is presently 2.4 days. Currently, 0.5% of the company’s stock are short sold.

LHA Market State Tactical Beta ETF Stock Up 1.2%

LHA Market State Tactical Beta ETF stock opened at $43.94 on Friday. LHA Market State Tactical Beta ETF has a twelve month low of $37.38 and a twelve month high of $45.54. The company has a market capitalization of $179.28 million, a P/E ratio of 24.18 and a beta of 0.89. The stock’s 50 day moving average is $43.55 and its 200 day moving average is $42.02.

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.