Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Down 88.1% in April
by Jessica Moore · The Cerbat GemLeatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 152 shares, a decline of 88.1% from the March 31st total of 1,279 shares. Based on an average trading volume of 1,967 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Leatherback Long/Short Alternative Yield ETF Trading Up 0.5%
Shares of NYSEARCA LBAY traded up $0.13 during trading on Friday, reaching $26.09. The company had a trading volume of 1,037 shares, compared to its average volume of 6,899. Leatherback Long/Short Alternative Yield ETF has a twelve month low of $23.44 and a twelve month high of $29.03. The stock has a market capitalization of $19.57 million, a PE ratio of 17.38 and a beta of 0.36. The stock has a 50-day moving average price of $27.30 and a two-hundred day moving average price of $25.70.
Leatherback Long/Short Alternative Yield ETF Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Tuesday, February 24th were given a $0.085 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.
Leatherback Long/Short Alternative Yield ETF Company Profile
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.