Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Down 88.1% in April

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 152 shares, a drop of 88.1% from the March 31st total of 1,279 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,967 shares, the days-to-cover ratio is currently 0.1 days.

Leatherback Long/Short Alternative Yield ETF Stock Performance

LBAY traded up $0.13 during trading on Friday, hitting $26.09. 1,037 shares of the stock were exchanged, compared to its average volume of 6,899. The firm has a 50 day simple moving average of $27.30 and a 200 day simple moving average of $25.70. The firm has a market cap of $19.57 million, a price-to-earnings ratio of 17.38 and a beta of 0.36. Leatherback Long/Short Alternative Yield ETF has a 1 year low of $23.44 and a 1 year high of $29.03.

Leatherback Long/Short Alternative Yield ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.085 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Tuesday, February 24th.

Leatherback Long/Short Alternative Yield ETF Company Profile

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.