Leatt Co. (OTCMKTS:LEAT) Sees Significant Drop in Short Interest

Leatt Co. (OTCMKTS:LEATGet Free Report) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a drop of 95.2% from the December 15th total of 2,100 shares. Based on an average daily trading volume, of 6,900 shares, the days-to-cover ratio is presently 0.0 days.

Leatt Stock Performance

OTCMKTS LEAT traded up $0.05 during trading on Wednesday, hitting $7.17. The stock had a trading volume of 1,034 shares, compared to its average volume of 956. Leatt has a 12 month low of $5.50 and a 12 month high of $11.00. The company’s 50-day moving average price is $7.34 and its two-hundred day moving average price is $7.58. The company has a market capitalization of $44.58 million, a PE ratio of -14.34 and a beta of 1.30.

Leatt (OTCMKTS:LEATGet Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.02 EPS for the quarter. The business had revenue of $12.14 million for the quarter. Leatt had a negative net margin of 7.54% and a negative return on equity of 8.20%.

About Leatt

(Get Free Report)

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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