Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) Trading 0.1% Higher

Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) shares traded up 0.1% on Monday . The stock traded as high as $25.44 and last traded at $25.36. 5,699 shares were traded during trading, a decline of 74% from the average session volume of 21,781 shares. The stock had previously closed at $25.34.

Leatherback Long/Short Alternative Yield ETF Stock Up 0.1 %

The company has a market capitalization of $60.87 million, a PE ratio of 14.91 and a beta of 0.47. The company’s 50 day moving average is $25.53 and its two-hundred day moving average is $26.03.

Hedge Funds Weigh In On Leatherback Long/Short Alternative Yield ETF

An institutional investor recently raised its position in Leatherback Long/Short Alternative Yield ETF stock. Capital Planning LLC raised its holdings in shares of Leatherback Long/Short Alternative Yield ETF (NYSEARCA:LBAY) by 1.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,115 shares of the company’s stock after purchasing an additional 395 shares during the quarter. Capital Planning LLC owned 0.73% of Leatherback Long/Short Alternative Yield ETF worth $584,000 as of its most recent filing with the Securities & Exchange Commission.

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.