Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Down 84.7% in May

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 79 shares, a decline of 84.7% from the May 14th total of 516 shares. Based on an average daily volume of 1,066 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Leatherback Long/Short Alternative Yield ETF Stock Performance

Leatherback Long/Short Alternative Yield ETF stock traded up $0.27 during mid-day trading on Friday, hitting $25.51. The company’s stock had a trading volume of 919 shares, compared to its average volume of 5,310. The company has a 50 day moving average of $26.26 and a 200-day moving average of $26.03. The stock has a market cap of $19.13 million, a PE ratio of 17.38 and a beta of 0.27. Leatherback Long/Short Alternative Yield ETF has a one year low of $23.44 and a one year high of $29.03.

About Leatherback Long/Short Alternative Yield ETF

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.