Leatt Corp. (OTCMKTS:LEAT) Stock Short Interest Report for September

Leatt Corp. (OTCMKTS:LEAT) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,230 shares, a decrease of 49.7% from the September 15th total of 2,443 shares. Based on an average daily trading volume, of 1,570 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Leatt Stock Up 5.0%

Leatt stock traded up $0.52 during midday trading on Friday, hitting $10.95. 4,794 shares of the stock were exchanged, compared to its average volume of 3,936. Leatt has a 52 week low of $8.31 and a 52 week high of $13.37. The company has a fifty day simple moving average of $12.00 and a two-hundred day simple moving average of $11.65. The stock has a market capitalization of $68.11 million, a PE ratio of 19.21 and a beta of 0.78.

Leatt (OTCMKTS:LEAT) last released its quarterly earnings data on Friday, August 14th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $16.39 million for the quarter. Leatt had a return on equity of 8.52% and a net margin of 5.56%.

About Leatt

Leatt Corporation develops, designs and markets protective equipment and related products for motocross, mountain biking, cycling and other powersports activities. The company’s product portfolio includes helmets, neck braces, body armor, knee and elbow protection, impact protection, riding apparel, gloves, footwear, goggles and hydration products.

Leatt was founded by South African physician Dr. Chris Leatt, whose work on neck protection led to the development of the company’s original neck brace for motocross riders.