Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY – Get Free Report) shares dropped 1.8% during trading on Wednesday . The stock traded as low as $24.34 and last traded at $24.34. Approximately 391 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 4,037 shares. The stock had previously closed at $24.78.
Leatherback Long/Short Alternative Yield ETF Stock Performance
The business’s 50 day moving average is $26.38 and its two-hundred day moving average is $26.69. The firm has a market capitalization of $39.88 million, a PE ratio of 17.83 and a beta of 0.32.
About Leatherback Long/Short Alternative Yield ETF
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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