LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Short Interest Up 841.7% in April

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 1,422 shares, an increase of 841.7% from the April 15th total of 151 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 3,575 shares, the short-interest ratio is presently 0.4 days.

LeaderShares AlphaFactor Tactical Focused ETF Trading Down 0.8%

Shares of NYSEARCA LSAT opened at $42.27 on Thursday. The firm has a market cap of $61.29 million, a PE ratio of 13.49 and a beta of 0.65. LeaderShares AlphaFactor Tactical Focused ETF has a 1-year low of $38.49 and a 1-year high of $43.22. The company has a fifty day moving average price of $40.67 and a 200 day moving average price of $40.06.

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.