Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Trading 0.5% Higher – Here’s Why

Shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report) were up 0.5% during trading on Thursday . The stock traded as high as $23.87 and last traded at $23.87. Approximately 10,079 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 4,756 shares. The stock had previously closed at $23.75.

Leatherback Long/Short Alternative Yield ETF Price Performance

The stock has a market cap of $39.39 million, a price-to-earnings ratio of 17.83 and a beta of 0.32. The stock’s 50 day simple moving average is $25.46 and its two-hundred day simple moving average is $26.48.

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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