Short Interest in Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) Expands By 75.7%

Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 866 shares, a growth of 75.7% from the May 14th total of 493 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 987 shares, the days-to-cover ratio is presently 0.9 days.

Logan Capital Broad Innovative Growth ETF Stock Performance

Shares of NYSEARCA LCLG traded down $0.75 during midday trading on Tuesday, hitting $74.11. 512 shares of the stock traded hands, compared to its average volume of 1,244. The firm has a 50-day moving average of $68.94 and a two-hundred day moving average of $65.05. The firm has a market capitalization of $111.17 million, a P/E ratio of 28.99 and a beta of 1.30. Logan Capital Broad Innovative Growth ETF has a one year low of $52.85 and a one year high of $75.20.

About Logan Capital Broad Innovative Growth ETF

The Logan Capital Broad Innovative Growth ETF (LCLG) is an exchange-traded fund that mostly invests in large cap equity. The fund actively invests in a growth portfolio of primarily large-cap US-listed companies that use innovative technologies. Equities are selected based on macroeconomic, fundamental, and technical factors. LCLG was launched on Jan 1, 2022 and is managed by Logan.