Leatt Co. (OTCMKTS:LEAT) Short Interest Up 600.0% in December

Leatt Co. (OTCMKTS:LEAT) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,100 shares, a growth of 600.0% from the November 30th total of 300 shares. Based on an average trading volume of 11,900 shares, the days-to-cover ratio is presently 0.2 days.

Leatt Trading Down 2.6 %

Shares of LEAT traded down $0.19 during mid-day trading on Thursday, reaching $7.00. The company’s stock had a trading volume of 5,798 shares, compared to its average volume of 4,529. Leatt has a 52 week low of $5.50 and a 52 week high of $11.00. The stock has a market cap of $43.54 million, a PE ratio of -14.00 and a beta of 1.29. The company’s fifty day moving average price is $7.59 and its two-hundred day moving average price is $7.52.

Leatt (OTCMKTS:LEAT) last issued its earnings results on Tuesday, October 29th. The company reported $0.02 EPS for the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%. The company had revenue of $12.14 million for the quarter.

About Leatt

Leatt Corporation designs, develops, markets, and distributes personal protective equipment for participants of motor sports and leisure activities worldwide. The company offers Leatt-Brace system, an injection molded neck protection system designed to prevent injuries to the cervical spine and neck.