Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Trading Up 0% – Here’s Why

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report)’s stock price was up 0% during trading on Thursday . The stock traded as high as $26.47 and last traded at $26.47. 10,031 shares changed hands during mid-day trading, an increase of 129% from the average daily volume of 4,381 shares. The stock had previously closed at $26.46.

Leatherback Long/Short Alternative Yield ETF Price Performance

The business’s 50-day simple moving average is $25.76 and its two-hundred day simple moving average is $26.43. The stock has a market cap of $18.60 million, a price-to-earnings ratio of 17.38 and a beta of 0.27.

Leatherback Long/Short Alternative Yield ETF Company Profile

(Get Free Report)

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.

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