LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Large Decline in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 151 shares, a decrease of 68.7% from the March 31st total of 482 shares. Based on an average daily trading volume, of 2,257 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Down 0.9%

Shares of LSAT opened at $42.36 on Friday. The business’s 50-day moving average price is $40.15 and its 200-day moving average price is $39.95. LeaderShares AlphaFactor Tactical Focused ETF has a twelve month low of $37.96 and a twelve month high of $43.22. The stock has a market cap of $61.42 million, a PE ratio of 13.49 and a beta of 0.64.

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.