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Leatherback Long/Short Alternative Yield ETF (LBAY)

Long-Short Equity | Exchange Traded Fund | NYSEArca
27.91 USD -0.02 (-0.076%) ⇩ (Aug. 28, 2026, 3:53 p.m. EDT)
After hours: 27.91

Short-term:★★★⯪☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | Aug. 22, 2026, 2:54 a.m. EDT

The most compelling immediate signal is the robust price momentum over the last two weeks, where the asset surged from roughly $26.00 to $28.00, outperforming both its 50-day and 200-day moving averages. This technical strength suggests a high-conviction short-term entry is developing, justifying a rating above neutral. However, this optimism clashes with the multi-year reality: despite a modest net gain over four years, the asset has suffered two consecutive years of negative annual returns, indicating a lack of sustained capital appreciation. While the dividend yield is attractive at 3.74%, the payout history reveals a recent hike in distributions that may be aggressive given the flat-to-negative equity growth, suggesting the yield is not fully backed by expanding earnings power.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.039341
AutoETS0.040322
AutoTheta0.040398
MSTL0.041632

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 52%
H-stat 32.26
Ljung-Box p 0.000
Jarque-Bera p 0.281
Excess Kurtosis -0.57
Attribute Value
Trailing P/E 18.18

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.30% 3.85% 3.55% 3.42%
Dividend History
Date Dividend Yield %
2026-08-28 0.085 0.304572
2026-07-30 0.085 0.319189
2026-06-29 0.085 0.335637
2026-05-28 0.085 0.334198
2026-04-28 0.085 0.326647
2026-03-26 0.085 0.316185
2026-02-24 0.085 0.296270
2026-01-27 0.085 0.332824
2025-12-26 0.085 0.349248
2025-11-25 0.076 0.311641
2025-10-27 0.076 0.309850
2025-09-25 0.076 0.309157
2025-08-26 0.076 0.298320
2025-07-25 0.076 0.306711
2025-06-25 0.076 0.310597
2025-05-28 0.076 0.311080
2025-04-24 0.076 0.308579
2025-03-25 0.076 0.302536
2025-02-27 0.076 0.307755
2025-01-27 0.076 0.304341
2024-12-27 0.076 0.313881
2024-11-26 0.076 0.287063
2024-10-28 0.076 0.282559
2024-09-26 0.076 0.276928
2024-08-27 0.076 0.276555
2024-07-26 0.076 0.280795
2024-06-26 0.076 0.292826
2024-05-29 0.076 0.290265
2024-04-25 0.076 0.287770
2024-03-26 0.076 0.286576
2024-02-26 0.076 0.293606
2024-01-26 0.076 0.295375
2023-11-27 0.076 0.298883
2023-10-26 0.075 0.301217
2023-09-26 0.075 0.287048
2023-08-28 0.075 0.283908
2023-07-26 0.075 0.276753
2023-06-27 0.075 0.288306
2023-05-25 0.075 0.295532
2023-04-25 0.075 0.271326
2023-03-28 0.075 0.279486
2023-02-23 0.075 0.267523
2023-01-26 0.075 0.254410
2022-12-27 0.075 0.252908
2022-11-25 0.075 0.255389
2022-10-26 0.065 0.234852
2022-09-27 0.065 0.256390
2022-08-26 0.070 0.251627
2022-07-26 0.065 0.239508
2022-06-27 0.065 0.236708
2022-05-26 0.065 0.223161
2022-04-26 0.065 0.232783
2022-03-28 0.065 0.236898
2022-02-23 0.065 0.248528
2022-01-26 0.065 0.251743
2021-12-28 0.065 0.265816
2021-11-24 0.065 0.275739
2021-10-26 0.060 0.252377
2021-09-27 0.060 0.254918
2021-08-30 0.060 0.252270
2021-07-27 0.060 0.259157
2021-06-25 0.060 0.255428
2021-05-25 0.060 0.244698
2021-04-27 0.060 0.253111
2021-03-26 0.060 0.261279
2021-02-23 0.060 0.277367
2021-01-26 0.060 0.285687
2020-12-28 0.060 0.290079
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.74

Info Dump

Attribute Value
All Time High 30.18
All Time Low 19.755
Ask 41.74
Ask Size 3,200
Average Daily Volume10 Day 1,840
Average Daily Volume3 Month 1,757
Average Volume 1,757
Average Volume10Days 1,840
Beta3 Year 0.04
Bid 13.47
Bid Size 3,300
Category Long-Short Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 27.908
Day Low 27.87
Dividend Yield 3.74
Eps Trailing Twelve Months 1.5351596
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 26.25066
Fifty Day Average Change 1.657341
Fifty Day Average Change Percent 0.063135214
Fifty Two Week Change Percent 9.122192
Fifty Two Week High 29.03
Fifty Two Week High Change -1.1219997
Fifty Two Week High Change Percent -0.038649663
Fifty Two Week Low 23.44
Fifty Two Week Low Change 4.4680004
Fifty Two Week Low Change Percent 0.19061434
Fifty Two Week Range 23.44 - 29.03
First Trade Date Milliseconds 1,605,623,400,000
Five Year Average Return 0.067385405
Full Exchange Name NYSEArca
Fullday Change -0.0211983
Fullday Change Percent -0.0759
Fullday Price 27.908
Fund Family Leatherback
Fund Inception Date 1,605,484,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in income producing securities that are an alternative to traditional debt instruments. Alternative Yield Investments are investments, other than traditional debt instruments (e.g., bonds), that generate interest and dividend income. It is non-diversified.
Long Name Leatherback Long/Short Alternative Yield ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_685659724
Nav Price 27.9869
Net Assets 18,430,792.0
Net Expense Ratio 1.2
Open 27.87
Phone 844-986-7676
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 27.908
Post Market Time 1,787,951,100
Previous Close 27.9292
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.0211983
Regular Market Change Percent -0.0759
Regular Market Day High 27.908
Regular Market Day Low 27.87
Regular Market Day Range 27.87 - 27.908
Regular Market Open 27.87
Regular Market Previous Close 27.9292
Regular Market Price 27.908
Regular Market Time 1,787,946,806
Regular Market Volume 1,223
Short Name Leatherback Long/Short Alternat
Source Interval 15
Symbol LBAY
Three Year Average Return 0.058468297
Total Assets 18,430,792
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 18.179218
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.06491
Trailing Three Month Returns 0.06491
Triggerable 1
Two Hundred Day Average 26.004795
Two Hundred Day Average Change 1.9032059
Two Hundred Day Average Change Percent 0.073186725
Type Disp ETF
Volume 1,223
Yield 0.0374
Ytd Return 11.07864