LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) Sees Large Increase in Short Interest

LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 3,565 shares, a growth of 333.7% from the July 30th total of 822 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,851 shares, the short-interest ratio is presently 0.7 days.

LeaderShares AlphaFactor US Core Equity ETF Stock Up 0.3%

Shares of NYSEARCA LSAF traded up $0.17 during trading on Friday, reaching $56.40. 440 shares of the stock were exchanged, compared to its average volume of 4,922. The business’s 50-day moving average price is $53.98 and its 200 day moving average price is $50.17. LeaderShares AlphaFactor US Core Equity ETF has a twelve month low of $42.47 and a twelve month high of $56.52. The company has a market capitalization of $128.59 million, a price-to-earnings ratio of 15.59 and a beta of 0.94.

LeaderShares AlphaFactor US Core Equity ETF Company Profile

The LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) is an exchange-traded fund that is based on the AlphaFactor U.S. Core Equity index. The fund tracks an equal-weighted index of US stocks selected by multiple fundamental factors. LSAF was launched on Oct 2, 2018 and is managed by LeaderShares.