Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Sees Large Decrease in Short Interest

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 515 shares, a drop of 62.5% from the April 30th total of 1,372 shares. Based on an average daily volume of 31,904 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

A number of large investors have recently added to or reduced their stakes in the company. Benjamin Edwards Inc. grew its holdings 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 acquiring an additional 746 shares during the last quarter. Jane Street Group LLC grew its holdings 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 during the last quarter. Global Retirement Partners LLC bought a new stake in Nomura Focused Large Growth ETF in the 4th quarter worth $51,000. CWM LLC bought a new stake in Nomura Focused Large Growth ETF in the 4th quarter worth $85,000. Finally, Horizon Wealth Management LLC grew its holdings in Nomura Focused Large Growth ETF by 16.1% in the 1st 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 last quarter.

Nomura Focused Large Growth ETF Price Performance

Nomura Focused Large Growth ETF stock traded up $0.07 during trading hours on Friday, reaching $28.52. The stock had a trading volume of 29,247 shares, compared to its average volume of 74,349. The stock has a market cap of $259.53 million, a PE ratio of 37.23 and a beta of 0.91. Nomura Focused Large Growth ETF has a 52 week low of $24.75 and a 52 week high of $30.74. The company has a fifty day simple moving average of $27.18 and a 200-day simple moving average of $28.03.

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.