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

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

Hedge Funds Weigh In On Leuthold Core ETF

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

Leuthold Core ETF Stock Performance

Leuthold Core ETF stock traded up $0.18 during trading hours on Friday, hitting $39.58. 1,758 shares of the stock were exchanged, compared to its average volume of 5,886. The stock has a market capitalization of $71.24 million, a P/E ratio of 19.46 and a beta of 0.53. Leuthold Core ETF has a 12 month low of $35.23 and a 12 month high of $39.92. The business’s 50-day moving average is $38.87 and its two-hundred day moving average is $38.45.

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.