Leuthold Core ETF (NYSEARCA:LCR) Sees Significant Drop in Short Interest

Leuthold Core ETF (NYSEARCA:LCR) was the recipient of a significant decline in short interest in the month of April. As of April 30th, there was short interest totaling 2,261 shares, a decline of 69.9% from the April 15th total of 7,521 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 9,414 shares, the short-interest ratio is currently 0.2 days.

Leuthold Core ETF Stock Performance

Shares of NYSEARCA LCR opened at $39.18 on Wednesday. The firm has a market capitalization of $70.52 million, a price-to-earnings ratio of 19.46 and a beta of 0.54. The stock has a 50 day moving average price of $38.07 and a 200 day moving average price of $38.22. Leuthold Core ETF has a 52-week low of $34.68 and a 52-week high of $39.63.

Institutional Trading of Leuthold Core ETF

An institutional investor recently bought a new position in Leuthold Core ETF stock. Integrated Wealth Concepts LLC purchased a new stake in Leuthold Core ETF (NYSEARCA:LCR) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,185 shares of the company’s stock, valued at approximately $315,000. Integrated Wealth Concepts LLC owned 0.45% of Leuthold Core ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Leuthold Core ETF Company Profile

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.