Leatt Corp. (OTCMKTS:LEAT) Sees Large Decrease in Short Interest
by Amy Steele · The Cerbat GemLeatt Corp. (OTCMKTS:LEAT – Get Free Report) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 401 shares, a decline of 87.7% from the April 30th total of 3,263 shares. Based on an average daily volume of 19,060 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
Leatt Stock Up 0.8%
OTCMKTS:LEAT traded up $0.10 during trading hours on Thursday, hitting $11.97. 1,228 shares of the stock traded hands, compared to its average volume of 3,891. Leatt has a 1 year low of $8.00 and a 1 year high of $14.50. The company has a market cap of $74.57 million, a price-to-earnings ratio of 19.62 and a beta of 0.83. The stock has a 50 day moving average price of $10.08 and a 200 day moving average price of $9.66.
Leatt (OTCMKTS:LEAT – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.27 earnings per share for the quarter. Leatt had a net margin of 5.93% and a return on equity of 9.27%. The business had revenue of $19.51 million for the quarter.
About Leatt
Leatt (OTCMKTS:LEAT) is a designer and manufacturer of protective sports gear, specializing in advanced safety equipment for high-impact activities such as motocross, mountain biking, and snow sports. The company’s product portfolio includes the patented Leatt Brace® neck protection system, impact-absorbing body armor, full-face and off-road helmets, goggles, gloves, and riding apparel. These offerings are engineered to mitigate the risk of spinal and head injuries, combining biomechanical research with lightweight materials and user-focused design.
Founded by Dr.