Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Expands By 494.6%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 333 shares, a growth of 494.6% from the May 31st total of 56 shares. Based on an average trading volume of 2,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

LSAT traded up $0.71 during trading hours on Friday, reaching $44.18. The company’s stock had a trading volume of 3,620 shares, compared to its average volume of 7,267. The company’s 50-day moving average is $42.74 and its 200-day moving average is $40.73. LeaderShares AlphaFactor Tactical Focused ETF has a 52 week low of $38.49 and a 52 week high of $44.18. The firm has a market cap of $64.06 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.