Short Interest in LHA Market State Tactical Beta ETF (BATS:MSTB) Declines By 56.1%

LHA Market State Tactical Beta ETF (BATS:MSTB) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 561 shares, a decrease of 56.1% from the April 15th total of 1,279 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,262 shares, the short-interest ratio is currently 0.1 days.

LHA Market State Tactical Beta ETF Stock Up 0.7%

BATS MSTB opened at $43.32 on Friday. The company has a market capitalization of $176.75 million, a price-to-earnings ratio of 24.18 and a beta of 0.89. The stock has a fifty day simple moving average of $40.21 and a 200 day simple moving average of $40.18. LHA Market State Tactical Beta ETF has a twelve month low of $35.09 and a twelve month high of $45.54.

About LHA Market State Tactical Beta ETF

The LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that aims to outperform the large-cap US equity market by holding long exposure to the S&P 500 combined with a dynamic risk overlay. The risk overlay can go long or short equity and volatility through the use of derivatives. MSTB was launched on Sep 30, 2020 and is managed by Little Harbor Advisors.