Short Interest in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Decreases By 96.7%

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 101 shares, a decline of 96.7% from the May 31st total of 3,058 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 28,984 shares, the days-to-cover ratio is presently 0.0 days.

Nomura Focused Large Growth ETF Stock Up 1.5%

Shares of NYSEARCA LRGG traded up $0.40 during trading on Friday, reaching $26.95. The company had a trading volume of 48,201 shares, compared to its average volume of 69,686. The stock has a market cap of $245.25 million, a P/E ratio of 37.23 and a beta of 0.89. The company’s fifty day moving average price is $27.85 and its 200-day moving average price is $27.80. Nomura Focused Large Growth ETF has a 12 month low of $24.75 and a 12 month high of $30.74.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in shares of Nomura Focused Large Growth ETF in the 4th quarter valued at $51,000. CWM LLC acquired a new position in Nomura Focused Large Growth ETF in the fourth quarter valued at $85,000. Jane Street Group LLC bought a new stake in Nomura Focused Large Growth ETF during the first quarter valued at $249,000. Corient Private Wealth LLC bought a new stake in Nomura Focused Large Growth ETF during the fourth quarter valued at $266,000. Finally, Benjamin Edwards Inc. grew its holdings in Nomura Focused Large Growth ETF by 7.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock worth $291,000 after acquiring an additional 746 shares during the period.

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.