Leuthold Core ETF (NYSEARCA:LCR) Sees Significant Increase in Short Interest

Leuthold Core ETF (NYSEARCA:LCR) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,108 shares, an increase of 2,686.3% from the July 15th total of 291 shares. Based on an average daily trading volume, of 2,401 shares, the days-to-cover ratio is currently 3.4 days. Currently, 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On Leuthold Core ETF

An institutional investor recently bought a new position in Leuthold Core ETF stock. WFA of San Diego LLC purchased a new position in Leuthold Core ETF (NYSEARCA:LCR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,588 shares of the company’s stock, valued at approximately $57,000. WFA of San Diego LLC owned approximately 0.08% of Leuthold Core ETF as of its most recent filing with the Securities & Exchange Commission.

Leuthold Core ETF Trading Down 0.0%

Shares of NYSEARCA LCR opened at $40.57 on Wednesday. Leuthold Core ETF has a 12-month low of $36.44 and a 12-month high of $40.63. The company has a market cap of $68.97 million, a price-to-earnings ratio of 19.46 and a beta of 0.54. The stock’s 50 day simple moving average is $39.63 and its 200 day simple moving average is $38.86.

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.