Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Update

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 67 shares, a decline of 69.8% from the January 15th total of 222 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 6,851 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 6,851 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Leatherback Long/Short Alternative Yield ETF Stock Up 2.7%

Shares of NYSEARCA:LBAY traded up $0.73 during trading on Wednesday, reaching $28.24. The stock had a trading volume of 916 shares, compared to its average volume of 10,897. The stock has a fifty day simple moving average of $24.97 and a two-hundred day simple moving average of $24.82. Leatherback Long/Short Alternative Yield ETF has a 52 week low of $23.15 and a 52 week high of $28.28. The firm has a market capitalization of $22.59 million, a price-to-earnings ratio of 17.38 and a beta of 0.41.

Leatherback Long/Short Alternative Yield ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.085 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Tuesday, January 27th.

About Leatherback Long/Short Alternative Yield ETF

The Leatherback Long\u002FShort Alternative Yield ETF (LBAY) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is actively managed, seeking to provide monthly income and capital appreciation. The portfolio will generally be 75% – 110% net long LBAY was launched on Nov 16, 2020 and is managed by Leatherback.