Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Shares Shorted: Short Interest Up 15,209.7% in October

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 4,746 shares, an increase of 15,209.7% from the October 15th total of 31 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 15,868 shares, the short-interest ratio is presently 0.3 days.

Nomura Focused Large Growth ETF Stock Performance

NYSEARCA LRGG traded down $0.20 during trading on Tuesday, reaching $29.97. 66,332 shares of the company traded hands, compared to its average volume of 52,660. The stock’s 50 day moving average price is $30.14 and its two-hundred day moving average price is $28.38. The company has a market cap of $287.71 million, a price-to-earnings ratio of 37.23 and a beta of 0.87. Nomura Focused Large Growth ETF has a 1-year low of $24.75 and a 1-year high of $30.99.

Hedge Funds Weigh In On Nomura Focused Large Growth ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new stake in Nomura Focused Large Growth ETF in the first quarter valued at $560,000. Citadel Advisors LLC raised its stake in Nomura Focused Large Growth ETF by 36.1% during the second quarter. Citadel Advisors LLC now owns 25,582 shares of the company’s stock worth $703,000 after acquiring an additional 6,788 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Nomura Focused Large Growth ETF during the second quarter valued at $2,346,000. Finally, Royal Bank of Canada bought a new position in shares of Nomura Focused Large Growth ETF during the first quarter valued at $5,661,000.

Nomura Focused Large Growth ETF Company Profile

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.