LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Down 95.8% in May

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 60 shares, a decrease of 95.8% from the April 30th total of 1,422 shares. Based on an average daily trading volume, of 2,160 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Trading Down 0.1%

NYSEARCA:LSAT traded down $0.03 during midday trading on Wednesday, hitting $42.86. 2,792 shares of the company traded hands, compared to its average volume of 8,272. The firm’s fifty day moving average is $41.31 and its 200-day moving average is $40.23. LeaderShares AlphaFactor Tactical Focused ETF has a 12-month low of $38.49 and a 12-month high of $43.26. The firm has a market capitalization of $62.15 million, a P/E ratio of 13.49 and a beta of 0.65.

LeaderShares AlphaFactor Tactical Focused ETF Company Profile

The LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods. LSAT was launched on Oct 27, 2020 and is managed by LeaderShares.