Short Interest in Leatt Corp. (OTCMKTS:LEAT) Rises By 1,600.0%

Key Points

• Leatt Corp. (OTCMKTS:LEAT) experienced a staggering 1,600.0% increase in short interest, rising from 100 to 1,700 shares between July and August.
• The company's stock price currently stands at $13.30, with a market capitalization of approximately $82.73 million and a PE ratio of 44.33.
• Leatt reported earnings of $0.18 per share for the latest quarter, displaying a return on equity of 4.90% and a net margin of 3.51%.

Leatt Corp. (OTCMKTS:LEAT - Get Free Report) saw a significant growth in short interest in August. As of August 15th, there was short interest totaling 1,700 shares, agrowthof1,600.0% from the July 31st total of 100 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.2 days.

Leatt Trading Down 0.0%

Shares of OTCMKTS LEAT traded down $0.00 during midday trading on Friday, hitting $13.20. 2,975 shares of the company's stock were exchanged, compared to its average volume of 2,256. Leatt has a 12-month low of $5.01 and a 12-month high of $14.50. The company has a market cap of $82.08 million, a price-to-earnings ratio of 44.00 and a beta of 0.94. The business's fifty day moving average price is $10.85 and its two-hundred day moving average price is $8.44.

Leatt (OTCMKTS:LEAT - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.18 EPS for the quarter. Leatt had a return on equity of 4.90% and a net margin of 3.51%.

Leatt Company Profile

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.