LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Stock Short Interest Falls 45.9%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 21,676 shares, a decline of 45.9% from the September 30th total of 40,056 shares. Based on an average trading volume of 2,923 shares, the days-to-cover ratio is currently 7.4 days. Approximately 1.5% of the shares of the company are short sold.

LeaderShares AlphaFactor Tactical Focused ETF Stock Up 0.7%

Shares of NYSEARCA:LSAT traded up $0.35 during trading on Friday, hitting $48.70. 6,243 shares of the stock traded hands, compared to its average volume of 5,924. The company has a fifty day moving average price of $46.20 and a two-hundred day moving average price of $43.21. LeaderShares AlphaFactor Tactical Focused ETF has a 52-week low of $38.49 and a 52-week high of $48.70. The company has a market cap of $72.08 million, a price-to-earnings ratio of 13.49 and a beta of 0.62.

About LeaderShares AlphaFactor Tactical Focused ETF

(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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