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

LeaderShares AlphaFactor US Core Equity ETF (NYSEARCA:LSAF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 7,008 shares, a growth of 96.6% from the August 15th total of 3,565 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 7,749 shares, the short-interest ratio is presently 0.9 days.

LeaderShares AlphaFactor US Core Equity ETF Stock Performance

LSAF traded down $0.38 during trading hours on Tuesday, reaching $54.99. The company’s stock had a trading volume of 1,494 shares, compared to its average volume of 5,062. The company’s 50-day moving average is $54.86 and its 200-day moving average is $50.87. The firm has a market cap of $125.37 million, a PE ratio of 15.59 and a beta of 0.94. LeaderShares AlphaFactor US Core Equity ETF has a 52 week low of $42.47 and a 52 week high of $56.56.

About LeaderShares AlphaFactor US Core Equity ETF

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.