Leatt Corp. (OTCMKTS:LEAT) Sees Large Growth in Short Interest

Leatt Corp. (OTCMKTS:LEAT) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 3,263 shares, a growth of 367.5% from the April 15th total of 698 shares. Based on an average daily volume of 13,630 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are sold short.

Leatt Stock Performance

Leatt stock opened at $11.67 on Wednesday. Leatt has a 52 week low of $6.25 and a 52 week high of $14.50. The stock has a market capitalization of $72.70 million, a P/E ratio of 22.88 and a beta of 0.83. The stock has a 50-day simple moving average of $9.43 and a 200 day simple moving average of $9.60.

Leatt (OTCMKTS:LEAT) last posted its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 EPS for the quarter. Leatt had a return on equity of 7.94% and a net margin of 5.27%.

About Leatt

Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.

Founded by Dr.