Leatherback Long/Short Alternative Yield ETF Plans Monthly Dividend of $0.09 (NYSEARCA:LBAY)

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) declared a monthly dividend on Monday, February 23rd. Investors of record on Tuesday, February 24th will be given a dividend of 0.085 per share on Wednesday, February 25th. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, February 24th.

Leatherback Long/Short Alternative Yield ETF Price Performance

Shares of Leatherback Long/Short Alternative Yield ETF stock traded up $0.11 during trading on Tuesday, reaching $28.56. 9,929 shares of the stock traded hands, compared to its average volume of 10,018. Leatherback Long/Short Alternative Yield ETF has a 52-week low of $23.15 and a 52-week high of $29.03. The business has a fifty day simple moving average of $25.70 and a two-hundred day simple moving average of $25.06. The company has a market capitalization of $22.85 million, a price-to-earnings ratio of 17.38 and a beta of 0.41.

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.