Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Shares Up 0.1% – Time to Buy?

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report)’s share price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $23.64 and last traded at $23.56. Approximately 1,097 shares traded hands during trading, a decline of 78% from the average daily volume of 5,018 shares. The stock had previously closed at $23.54.

Leatherback Long/Short Alternative Yield ETF Stock Up 0.1%

The stock has a market capitalization of $23.09 million, a price-to-earnings ratio of 17.38 and a beta of 0.41. The company’s fifty day simple moving average is $24.45 and its 200 day simple moving average is $24.66.

About Leatherback Long/Short Alternative Yield ETF

(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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