Shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) dropped 0.3% during trading on Thursday . The company traded as low as $25.85 and last traded at $25.88. Approximately 6,141 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 4,562 shares. The stock had previously closed at $25.95.
Leatherback Long/Short Alternative Yield ETF Price Performance
The stock has a 50-day moving average of $26.52 and a 200 day moving average of $26.24. The stock has a market capitalization of $42.54 million, a price-to-earnings ratio of 17.83 and a beta of 0.32.
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.
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