LHA Market State Tactical Beta ETF (BATS:MSTB) Shares Shorted: Short Interest Down 46.2% in September

LHA Market State Tactical Beta ETF (BATS:MSTB) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 12,556 shares, a decline of 46.2% from the September 15th total of 23,337 shares. Based on an average daily volume of 7,516 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.3% of the company’s shares are short sold.

LHA Market State Tactical Beta ETF Stock Performance

BATS:MSTB opened at $44.12 on Thursday. The firm has a market cap of $180.01 million, a PE ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a fifty-two week low of $37.38 and a fifty-two week high of $45.54. The business has a 50 day moving average price of $44.11 and a 200-day moving average price of $42.80.

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.