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

LHA Market State Tactical Beta ETF (BATS:MSTB) was the target of 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,262 shares, the days-to-cover ratio is currently 0.1 days.

LHA Market State Tactical Beta ETF Trading Down 1.1%

Shares of MSTB stock opened at $42.84 on Friday. The firm has a market capitalization of $174.79 million, a PE ratio of 24.18 and a beta of 0.89. The firm has a fifty day simple moving average of $40.27 and a two-hundred day simple moving average of $40.20. 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.