Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Drops By 54.1%

by · The Markets Daily

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 228 shares, a decline of 54.1% from the July 30th total of 497 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,738 shares, the short-interest ratio is currently 0.1 days.

LeaderShares AlphaFactor Tactical Focused ETF Price Performance

NYSEARCA LSAT traded up $0.01 on Friday, hitting $47.18. 18,254 shares of the stock were exchanged, compared to its average volume of 5,992. The company has a market capitalization of $66.05 million, a PE ratio of 13.49 and a beta of 0.63. The business’s fifty day moving average is $45.77 and its 200 day moving average is $42.79. LeaderShares AlphaFactor Tactical Focused ETF has a 52 week low of $38.49 and a 52 week high of $47.69.

LeaderShares AlphaFactor Tactical Focused ETF Company Profile

(Get Free Report)

The LeaderShares AlphaFactor Tactical Focused ETF (LSAT) is an exchange-traded fund that mostly invests in total market equity. The fund is actively-managed to invest in US stocks selected by multiple factors. The fund employs a risk overlay to overweight money-market securities during riskier periods. LSAT was launched on Oct 27, 2020 and is managed by LeaderShares.

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