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

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

Nomura Focused Large Growth ETF Stock Down 0.1%

Shares of NYSEARCA LRGG traded down $0.02 during trading on Wednesday, reaching $29.72. 7,886 shares of the company traded hands, compared to its average volume of 64,345. Nomura Focused Large Growth ETF has a 52-week low of $24.75 and a 52-week high of $30.74. The stock has a market capitalization of $306.12 million, a PE ratio of 37.23 and a beta of 0.87. The firm has a 50 day simple moving average of $28.56 and a 200-day simple moving average of $27.67.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

Hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new position in Nomura Focused Large Growth ETF in the fourth quarter worth $51,000. CWM LLC acquired a new stake in shares of Nomura Focused Large Growth ETF during the fourth quarter worth about $85,000. Corient Private Wealth LLC purchased a new stake in shares of Nomura Focused Large Growth ETF in the fourth quarter valued at $266,000. Jane Street Group LLC purchased a new stake in Nomura Focused Large Growth ETF in the 1st quarter worth approximately $249,000. Finally, Benjamin Edwards Inc. raised its holdings in Nomura Focused Large Growth ETF by 7.9% in the second quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock valued at $291,000 after acquiring an additional 746 shares in 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.