Leatt Co. (OTCMKTS:LEAT) Sees Large Growth in Short Interest

Leatt Co. (OTCMKTS:LEATGet Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 300 shares, a growth of 200.0% from the April 30th total of 100 shares. Based on an average daily volume of 16,300 shares, the days-to-cover ratio is currently 0.0 days.

LEAT stock traded up $0.10 during mid-day trading on Thursday, reaching $23.60. The company had a trading volume of 3,146 shares, compared to its average volume of 7,012. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.86 and a quick ratio of 1.66. The firm has a 50 day moving average of $25.32 and a 200 day moving average of $27.23. Leatt has a 12 month low of $15.10 and a 12 month high of $38.00. The company has a market capitalization of $136.69 million, a PE ratio of 9.92 and a beta of 1.87.

Leatt (OTCMKTS:LEATGet Rating) last announced its earnings results on Thursday, March 10th. The company reported $0.62 earnings per share for the quarter. The company had revenue of $23.18 million during the quarter. Leatt had a net margin of 17.58% and a return on equity of 55.53%.

About Leatt (Get Rating)

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.

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