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

Leatt Co. (OTCMKTS:LEAT) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decrease 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 currently 0.0 days.

Leatt Price Performance

Shares of Leatt stock opened at $7.16 on Thursday. Leatt has a 12-month low of $5.50 and a 12-month high of $11.00. The company’s fifty day simple moving average is $7.22 and its two-hundred day simple moving average is $7.64.

Leatt (OTCMKTS:LEAT) last announced its earnings results on Tuesday, October 29th. The company reported $0.02 EPS for the quarter. The firm 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

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.