LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) Shares Shorted: Short Interest Up 697.6% in September

LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 5,998 shares, a growth of 697.6% from the September 15th total of 752 shares. Based on an average daily volume of 20,621 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the shares of the company are sold short.

LeaderShares AlphaFactor US Core Equity ETF Stock Performance

Shares of NYSEARCA LSAF traded up $0.09 during trading hours on Friday, reaching $54.66. 1,998 shares of the stock were exchanged, compared to its average volume of 6,093. The firm has a market capitalization of $127.36 million, a price-to-earnings ratio of 15.59 and a beta of 0.94. LeaderShares AlphaFactor US Core Equity ETF has a 52 week low of $42.47 and a 52 week high of $56.56. The stock’s fifty day simple moving average is $55.14 and its 200 day simple moving average is $51.93.

LeaderShares AlphaFactor US Core Equity ETF Company Profile

The LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) is an exchange-traded fund that is based on the AlphaFactor U.S. Core Equity index. The fund tracks an equal-weighted index of US stocks selected by multiple fundamental factors. LSAF was launched on Oct 2, 2018 and is managed by LeaderShares.