LHA Market State Tactical Beta ETF (BATS:MSTB) Short Interest Down 56.1% in April

LHA Market State Tactical Beta ETF (BATS:MSTB) saw a large decline in short interest in April. As of April 30th, there was short interest totaling 561 shares, a decline of 56.1% from the April 15th total of 1,279 shares. Based on an average daily trading volume, of 4,262 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

LHA Market State Tactical Beta ETF Trading Up 0.7%

Shares of BATS MSTB opened at $43.32 on Friday. The stock has a 50-day moving average price of $40.21 and a two-hundred day moving average price of $40.18. The company has a market cap of $176.75 million, a price-to-earnings ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a 12 month low of $35.09 and a 12 month 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.