Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Update

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totaling 222 shares, an increase of 344.0% from the December 31st total of 50 shares. Based on an average daily volume of 11,056 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,056 shares, the days-to-cover ratio is currently 0.0 days.

Leatherback Long/Short Alternative Yield ETF Stock Down 1.0%

Shares of LBAY opened at $25.54 on Wednesday. The firm has a market capitalization of $22.48 million, a PE ratio of 17.38 and a beta of 0.41. The firm has a 50-day moving average price of $24.55 and a 200 day moving average price of $24.68. Leatherback Long/Short Alternative Yield ETF has a 52-week low of $23.15 and a 52-week high of $26.27.

Leatherback Long/Short Alternative Yield ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, January 29th. Investors of record on Tuesday, January 27th will be issued a dividend of $0.085 per share. The ex-dividend date of this dividend is Tuesday, January 27th. This represents a c) annualized dividend and a yield of 4.0%.

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.