LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Up 841.7% in April

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 1,422 shares, a growth of 841.7% from the April 15th total of 151 shares. Based on an average daily volume of 3,575 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Trading Down 0.8%

Shares of NYSEARCA:LSAT traded down $0.34 during trading on Wednesday, hitting $42.27. 2,517 shares of the stock were exchanged, compared to its average volume of 8,840. The company has a fifty day moving average price of $40.67 and a two-hundred day moving average price of $40.06. The company has a market cap of $61.29 million, a PE ratio of 13.49 and a beta of 0.65. LeaderShares AlphaFactor Tactical Focused ETF has a 12-month low of $38.49 and a 12-month high of $43.22.

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.