Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) Sees Significant Increase in Short Interest

Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 2,529 shares, a growth of 3,979.0% from the June 15th total of 62 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 939 shares, the short-interest ratio is presently 2.7 days.

Logan Capital Broad Innovative Growth ETF Price Performance

Shares of Logan Capital Broad Innovative Growth ETF stock traded up $1.32 on Friday, reaching $73.84. 177 shares of the company were exchanged, compared to its average volume of 1,205. Logan Capital Broad Innovative Growth ETF has a 1-year low of $56.29 and a 1-year high of $76.05. The company has a market cap of $111.50 million, a P/E ratio of 28.99 and a beta of 1.29. The stock’s 50 day moving average price is $72.31 and its 200-day moving average price is $66.45.

Logan Capital Broad Innovative Growth ETF Company Profile

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.