Short Interest in Leatt Co. (OTCMKTS:LEAT) Decreases By 95.2%

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

Leatt Stock Performance

OTCMKTS:LEAT traded up $0.13 during mid-day trading on Tuesday, hitting $7.13. The company had a trading volume of 1,872 shares, compared to its average volume of 1,512. The firm has a market cap of $44.35 million, a P/E ratio of -14.26 and a beta of 1.30. The business’s fifty day moving average is $7.23 and its two-hundred day moving average is $7.63. Leatt has a fifty-two week low of $5.50 and a fifty-two week high of $11.00.

Leatt (OTCMKTS:LEAT) last posted its earnings results on Tuesday, October 29th. The company reported $0.02 earnings per share (EPS) for the quarter. Leatt had a negative return on equity of 8.20% and a negative net margin of 7.54%. The firm had revenue of $12.14 million during the quarter.

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.