Short Interest in LHA Market State Tactical Beta ETF (BATS:MSTB) Drops By 67.1%

LHA Market State Tactical Beta ETF (BATS:MSTB) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 3,272 shares, a decline of 67.1% from the July 30th total of 9,958 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 8,969 shares, the short-interest ratio is currently 0.4 days.

LHA Market State Tactical Beta ETF Trading Down 0.2%

Shares of LHA Market State Tactical Beta ETF stock opened at $44.15 on Friday. The company’s fifty day simple moving average is $43.26 and its 200-day simple moving average is $41.76. The company has a market cap of $180.13 million, a price-to-earnings ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a 1 year low of $37.38 and a 1 year high of $45.54.

LHA Market State Tactical Beta ETF Company Profile

The LHA Market State Tactical Beta ETF (MSTB) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that aims to outperform the large-cap US equity market by holding long exposure to the S&P 500 combined with a dynamic risk overlay. The risk overlay can go long or short equity and volatility through the use of derivatives. MSTB was launched on Sep 30, 2020 and is managed by Little Harbor Advisors.