Leatt Corp. (OTCMKTS:LEAT) Stock Short Interest Jumps 286.9%

Leatt Corp. (OTCMKTS:LEAT) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 1,509 shares, a growth of 286.9% from the October 15th total of 390 shares. Based on an average daily volume of 13,220 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Leatt Stock Up 13.0%

Shares of LEAT traded up $1.31 on Thursday, hitting $11.41. The company’s stock had a trading volume of 62,215 shares, compared to its average volume of 4,165. The firm’s fifty day moving average price is $11.25 and its 200-day moving average price is $10.98. Leatt has a fifty-two week low of $8.31 and a fifty-two week high of $13.37. The firm has a market capitalization of $70.96 million, a price-to-earnings ratio of 20.02 and a beta of 0.81.

Leatt (OTCMKTS:LEAT) last announced its earnings results on Thursday, November 12th. The company reported $0.34 EPS for the quarter. Leatt had a net margin of 5.56% and a return on equity of 8.52%.

About Leatt

Leatt Corporation is a South African company that designs, develops and markets protective equipment and apparel for action sports and powersports participants. Its products are sold primarily under the Leatt brand and are intended for motocross, off-road motorcycling, mountain biking and related activities. The company’s product portfolio includes neck braces, helmets, body armor, chest protectors, knee and elbow guards, gloves, riding jerseys and pants, boots, footwear, hydration systems and other protective or performance-oriented accessories.