Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Short Interest Down 71.4% in August

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 152 shares, a decline of 71.4% from the August 15th total of 532 shares. Based on an average trading volume of 38,162 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LRGG. Benjamin Edwards Inc. increased its stake in Nomura Focused Large Growth ETF by 7.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock worth $291,000 after buying an additional 746 shares during the period. Jane Street Group LLC grew its stake in Nomura Focused Large Growth ETF by 8.0% in the 2nd quarter. Jane Street Group LLC now owns 10,296 shares of the company’s stock worth $295,000 after acquiring an additional 763 shares in the last quarter. Global Retirement Partners LLC bought a new position in Nomura Focused Large Growth ETF in the 4th quarter worth about $51,000. Citadel Advisors LLC grew its stake in Nomura Focused Large Growth ETF by 36.1% in the 2nd quarter. Citadel Advisors LLC now owns 25,582 shares of the company’s stock worth $703,000 after acquiring an additional 6,788 shares in the last quarter. Finally, Horizon Wealth Management LLC increased its position in shares of Nomura Focused Large Growth ETF by 16.1% during the first quarter. Horizon Wealth Management LLC now owns 57,581 shares of the company’s stock worth $1,475,000 after acquiring an additional 8,001 shares during the period.

Nomura Focused Large Growth ETF Stock Performance

Nomura Focused Large Growth ETF stock traded up $0.24 during mid-day trading on Friday, hitting $29.51. The company’s stock had a trading volume of 10,762 shares, compared to its average volume of 60,778. The company has a 50 day moving average of $29.20 and a 200-day moving average of $27.93. Nomura Focused Large Growth ETF has a one year low of $24.75 and a one year high of $30.74. The stock has a market cap of $303.95 million, a PE ratio of 37.23 and a beta of 0.88.

Nomura Focused Large Growth ETF Company Profile

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.