Short Interest in LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) Rises By 2,918.0%

LeaderShares AlphaFactor Tactical Focused ETF (NYSEARCA:LSAT) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 6,881 shares, an increase of 2,918.0% from the August 15th total of 228 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 3,365 shares, the short-interest ratio is presently 2.0 days.

LeaderShares AlphaFactor Tactical Focused ETF Stock Performance

LSAT stock opened at $45.70 on Friday. LeaderShares AlphaFactor Tactical Focused ETF has a 1 year low of $38.49 and a 1 year high of $47.69. The stock’s 50 day moving average price is $46.24 and its 200 day moving average price is $43.22. The firm has a market cap of $63.98 million, a P/E ratio of 13.49 and a beta of 0.63.

About LeaderShares AlphaFactor Tactical Focused ETF

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.