Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Trading 0.5% Higher – Time to Buy?

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAYGet Free Report) rose 0.5% during mid-day trading on Thursday . The company traded as high as $23.87 and last traded at $23.87. Approximately 10,079 shares were traded during 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 company has a market capitalization of $39.39 million, a PE ratio of 17.83 and a beta of 0.32. The company’s fifty day moving average is $25.46 and its 200-day moving average is $26.48.

About Leatherback Long/Short Alternative Yield ETF

(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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