Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Stock Price Down 1.2% – Time to Sell?

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report)’s stock price fell 1.2% on Monday . The company traded as low as $24.16 and last traded at $24.16. 4,321 shares were traded during mid-day trading, a decline of 17% from the average session volume of 5,216 shares. The stock had previously closed at $24.45.

Leatherback Long/Short Alternative Yield ETF Price Performance

The stock has a 50 day moving average price of $24.67 and a two-hundred day moving average price of $24.67. The company has a market capitalization of $23.68 million, a price-to-earnings ratio of 17.38 and a beta of 0.41.

Leatherback Long/Short Alternative Yield ETF Company Profile

(Get Free Report)

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.

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