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

LHA Market State Tactical Beta ETF (BATS:MSTB) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 561 shares, a drop 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 trading volume, of 4,262 shares, the days-to-cover ratio is presently 0.1 days.

LHA Market State Tactical Beta ETF Stock Down 1.1%

Shares of MSTB opened at $42.84 on Friday. The company has a market cap of $174.79 million, a price-to-earnings ratio of 24.18 and a beta of 0.89. LHA Market State Tactical Beta ETF has a twelve month low of $35.09 and a twelve month high of $45.54. The company has a 50 day moving average of $40.27 and a two-hundred day moving average of $40.20.

About LHA Market State Tactical Beta ETF

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.