Leatherback Long/Short Alternative Yield ETF Price & Performance (LBAY)

The Leatherback Long/Short Alternative Yield ETF (LBAY) is at a pivotal point, with technical indicators suggesting potential buy and short opportunities. Support at $25.13 signals a buy, while resistance at $26.33 suggests a short strategy. Traders are advised to monitor these levels closely for market movements.1

Scatec ASA (OTCMKTS:STECF) experienced a 12% drop in share price, closing at $6.99. This decline occurred alongside reduced trading activity, with volume down 45% from the daily average. The renewable energy company’s stock has been trading near its 50-day and 200-day moving averages, highlighting its recent volatility.2

Shares of Altex Industries (OTCMKTS:ALTX) fell by 19.4%, closing at $0.24. Despite a 42% increase in trading volume, the stock’s market capitalization remains modest at $2.71 million. The company, which focuses on oil and gas properties, reported a $0.01 per-share loss in its latest quarterly earnings.3