Short Interest in Leuthold Core ETF (NYSEARCA:LCR) Drops By 62.7%

Leuthold Core ETF (NYSEARCA:LCR) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,268 shares, a decline of 62.7% from the May 14th total of 3,398 shares. Based on an average daily volume of 3,244 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

Leuthold Core ETF Stock Performance

Shares of NYSEARCA:LCR traded up $0.18 on Friday, hitting $39.58. 1,758 shares of the company were exchanged, compared to its average volume of 5,886. The company’s 50 day moving average price is $38.87 and its two-hundred day moving average price is $38.45. Leuthold Core ETF has a one year low of $35.23 and a one year high of $39.92. The firm has a market capitalization of $71.24 million, a price-to-earnings ratio of 19.46 and a beta of 0.53.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Leuthold Core ETF stock. WFA of San Diego LLC acquired a new position in shares of Leuthold Core ETF (NYSEARCA:LCR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,588 shares of the company’s stock, valued at approximately $57,000. WFA of San Diego LLC owned about 0.08% of Leuthold Core ETF at the end of the most recent quarter.

About Leuthold Core ETF

The Leuthold Core ETF (LCR) is an exchange-traded fund that is based on the SP Target Risk Moderate index. The fund is an actively-managed global asset allocation fund of funds which seeks total return. LCR was launched on Jan 6, 2020 and is managed by Leuthold.