Short Interest in LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) Rises By 96.6%

LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,008 shares, a growth of 96.6% from the August 15th total of 3,565 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 7,749 shares, the short-interest ratio is currently 0.9 days.

LeaderShares AlphaFactor US Core Equity ETF Price Performance

Shares of NYSEARCA LSAF traded down $0.43 during mid-day trading on Wednesday, hitting $54.69. The company had a trading volume of 15,867 shares, compared to its average volume of 5,256. LeaderShares AlphaFactor US Core Equity ETF has a 12 month low of $42.47 and a 12 month high of $56.56. The firm has a market cap of $164.01 million, a P/E ratio of 15.59 and a beta of 0.94. The business’s 50-day simple moving average is $54.90 and its 200-day simple moving average is $50.92.

LeaderShares AlphaFactor US Core Equity ETF Company Profile

The LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) is an exchange-traded fund that is based on the AlphaFactor U.S. Core Equity index. The fund tracks an equal-weighted index of US stocks selected by multiple fundamental factors. LSAF was launched on Oct 2, 2018 and is managed by LeaderShares.