Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Short Interest Up 6,640.3% in February

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 4,516 shares, a growth of 6,640.3% from the January 29th total of 67 shares. Based on an average daily volume of 12,817 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are sold short. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 12,817 shares, the short-interest ratio is currently 0.4 days.

Leatherback Long/Short Alternative Yield ETF Price Performance

LBAY opened at $28.08 on Friday. The business has a 50 day simple moving average of $25.90 and a 200-day simple moving average of $25.13. Leatherback Long/Short Alternative Yield ETF has a 12 month low of $23.15 and a 12 month high of $29.03. The stock has a market capitalization of $22.46 million, a P/E ratio of 17.38 and a beta of 0.41.

Leatherback Long/Short Alternative Yield ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.085 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

Leatherback Long/Short Alternative Yield ETF Company Profile

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.