Short Interest in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Expands By 493.8%

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 3,058 shares, a growth of 493.8% from the May 14th total of 515 shares. Based on an average daily volume of 62,079 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Nomura Focused Large Growth ETF Trading Down 1.6%

Shares of NYSEARCA:LRGG traded down $0.45 during trading on Wednesday, hitting $27.35. 31,461 shares of the company’s stock traded hands, compared to its average volume of 71,090. Nomura Focused Large Growth ETF has a 52 week low of $24.75 and a 52 week high of $30.74. The company has a market cap of $248.89 million, a price-to-earnings ratio of 37.23 and a beta of 0.89. The company has a 50-day moving average price of $27.53 and a 200-day moving average price of $27.97.

Hedge Funds Weigh In On Nomura Focused Large Growth ETF

Institutional investors have recently modified their holdings of the business. Horizon Wealth Management LLC acquired a new stake in shares of Nomura Focused Large Growth ETF in the third quarter valued at about $2,572,000. Proactive Wealth Strategies LLC increased its position in shares of Nomura Focused Large Growth ETF by 98.1% in the fourth quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock valued at $1,089,000 after acquiring an additional 18,217 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Nomura Focused Large Growth ETF in the third quarter valued at about $2,033,000. CWM LLC acquired a new stake in shares of Nomura Focused Large Growth ETF in the fourth quarter valued at about $85,000. Finally, Jane Street Group LLC increased its position in shares of Nomura Focused Large Growth ETF by 8.0% in the second quarter. Jane Street Group LLC now owns 10,296 shares of the company’s stock valued at $295,000 after acquiring an additional 763 shares during the last quarter.

About Nomura Focused Large Growth ETF

The Macquarie Focused Large Growth ETF (LRGG) is an exchange-traded fund that mostly invests in large cap equity. The fund focuses on long-term capital growth by actively managing a narrow portfolio of large-cap US companies deemed as growth-oriented. LRGG was launched on May 14, 2024 and is issued by Macquarie.