Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) shares dropped 0.5% on Thursday . The company traded as low as $26.62 and last traded at $26.62. Approximately 6,875 shares changed hands during mid-day trading, an increase of 71% from the average daily volume of 4,029 shares. The stock had previously closed at $26.74.
Leatherback Long/Short Alternative Yield ETF Price Performance
The stock’s 50 day simple moving average is $27.48 and its two-hundred day simple moving average is $26.87. The stock has a market cap of $43.93 million, a P/E 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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