Short Interest in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) Drops By 50.0%

LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 200 shares, a decrease of 50.0% from the September 15th total of 400 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On LeaderShares Activist Leaders ETF

A hedge fund recently bought a new stake in LeaderShares Activist Leaders ETF stock. Flow Traders U.S. LLC bought a new stake in LeaderShares Activist Leaders ETF (NYSEARCA:ACTV) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,180 shares of the company’s stock, valued at approximately $673,000. Flow Traders U.S. LLC owned about 1.11% of LeaderShares Activist Leaders ETF as of its most recent filing with the Securities & Exchange Commission. 26.06% of the stock is currently owned by institutional investors and hedge funds.

LeaderShares Activist Leaders ETF Price Performance

NYSEARCA ACTV opened at $33.59 on Monday. LeaderShares Activist Leaders ETF has a 1 year low of $27.04 and a 1 year high of $34.80. The company has a market capitalization of $10.08 million, a PE ratio of -52.48 and a beta of 0.96. The company has a fifty day moving average of $33.31 and a two-hundred day moving average of $31.64.

About LeaderShares Activist Leaders ETF

The LeaderShares Activist Leaders ETF (ACTV) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects US equity securities that are the target of shareholder activism. ACTV was launched on Oct 27, 2020 and is managed by LeaderShares.