LHA Market State Tactical Beta ETF (BATS:MSTB) Short Interest Update

LHA Market State Tactical Beta ETF (BATS:MSTB) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 15,416 shares, a growth of 82.4% from the May 14th total of 8,452 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 5,866 shares, the days-to-cover ratio is currently 2.6 days.

LHA Market State Tactical Beta ETF Trading Up 1.0%

Shares of LHA Market State Tactical Beta ETF stock opened at $43.14 on Tuesday. The business’s 50 day simple moving average is $41.97 and its 200-day simple moving average is $40.60. The stock has a market capitalization of $176.01 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 $35.85 and a twelve month high of $45.54.

LHA Market State Tactical Beta ETF Company Profile

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.