LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Sees Significant Growth in Short Interest

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 2,154 shares, an increase of 336.0% from the November 30th total of 494 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 13,260 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 13,260 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

LeaderShares AlphaFactor Tactical Focused ETF Stock Down 0.3%

Shares of LeaderShares AlphaFactor Tactical Focused ETF stock opened at $39.34 on Friday. The company has a 50 day moving average price of $39.99 and a 200 day moving average price of $40.43. The firm has a market capitalization of $78.68 million, a P/E ratio of 13.49 and a beta of 0.74. LeaderShares AlphaFactor Tactical Focused ETF has a 52 week low of $34.81 and a 52 week high of $42.54.

LeaderShares AlphaFactor Tactical Focused ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.7373 per share. This represents a dividend yield of 186.0%. The ex-dividend date was Wednesday, December 17th.

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.