Short Interest in Leatt Co. (OTCMKTS:LEAT) Increases By 200.0%

Leatt Co. (OTCMKTS:LEAT) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totalling 600 shares, a growth of 200.0% from the July 31st total of 200 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 0.1 days.

Leatt Stock Up 1.1 %

LEAT traded up $0.08 during trading on Thursday, reaching $7.66. 4,708 shares of the company were exchanged, compared to its average volume of 4,686. The company has a market cap of $47.61 million, a price-to-earnings ratio of -45.06 and a beta of 1.34. Leatt has a 12-month low of $5.50 and a 12-month high of $14.00. The company’s 50-day moving average is $6.95 and its two-hundred day moving average is $7.65.

Leatt (OTCMKTS:LEAT) last announced its quarterly earnings results on Friday, August 9th. The company reported ($0.16) EPS for the quarter. The firm had revenue of $10.08 million during the quarter. Leatt had a negative net margin of 2.32% and a negative return on equity of 2.56%.

About Leatt

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.