Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Short Interest Down 86.6% in August

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 532 shares, a decline of 86.6% from the July 30th total of 3,976 shares. Based on an average daily trading volume, of 21,288 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Nomura Focused Large Growth ETF Stock Performance

NYSEARCA LRGG traded down $0.02 during trading on Wednesday, reaching $29.72. 7,886 shares of the company’s stock were exchanged, compared to its average volume of 64,345. The stock has a market cap of $306.12 million, a P/E 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 $30.74. The company has a 50 day moving average price of $28.56 and a two-hundred day moving average price of $27.67.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LRGG. Royal Bank of Canada bought a new position in shares of Nomura Focused Large Growth ETF in the first quarter valued at approximately $5,661,000. Susquehanna International Group LLP acquired a new position in Nomura Focused Large Growth ETF in the third quarter valued at $2,033,000. Kestra Advisory Services LLC bought a new stake in shares of Nomura Focused Large Growth ETF during the 1st quarter valued at about $560,000. Proactive Wealth Strategies LLC grew its position in shares of Nomura Focused Large Growth ETF by 98.1% during the 4th quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock worth $1,089,000 after buying an additional 18,217 shares during the period. Finally, Valley Wealth Managers Inc. boosted its stake in Nomura Focused Large Growth ETF by 1.3% in the fourth quarter. Valley Wealth Managers Inc. now owns 846,385 shares of the company’s stock valued at $25,053,000 after acquiring an additional 10,888 shares during the last quarter.

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.