Leatt Corp. (OTCMKTS:LEAT) Sees Significant Increase in Short Interest

Leatt Corp. (OTCMKTS:LEAT) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 657 shares, a growth of ∞ from the July 15th total of 0 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 13,939 shares, the short-interest ratio is presently 0.0 days.

Leatt Stock Performance

Shares of LEAT stock traded down $0.08 during mid-day trading on Monday, hitting $11.90. 854 shares of the stock traded hands, compared to its average volume of 4,244. Leatt has a twelve month low of $8.31 and a twelve month high of $13.50. The company’s 50-day simple moving average is $12.46 and its 200-day simple moving average is $10.79. The firm has a market cap of $74.14 million, a price-to-earnings ratio of 20.88 and a beta of 0.85.

Leatt (OTCMKTS:LEAT) last announced its earnings results on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $16.39 million during the quarter. Leatt had a return on equity of 8.65% and a net margin of 5.56%.

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.