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

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 4,746 shares, a growth of 15,209.7% from the October 15th total of 31 shares. Based on an average daily volume of 15,868 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in LRGG. Integrated Wealth Concepts LLC bought a new stake in shares of Nomura Focused Large Growth ETF in the second quarter valued at approximately $2,346,000. Citadel Advisors LLC increased its stake in Nomura Focused Large Growth ETF by 36.1% during 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 during the period. Royal Bank of Canada bought a new position in Nomura Focused Large Growth ETF during the 1st quarter worth $5,661,000. Finally, Kestra Advisory Services LLC acquired a new position in Nomura Focused Large Growth ETF in the 1st quarter valued at $560,000.

Nomura Focused Large Growth ETF Stock Down 0.7%

Shares of Nomura Focused Large Growth ETF stock opened at $29.97 on Wednesday. The stock has a market capitalization of $287.71 million, a price-to-earnings ratio of 37.23 and a beta of 0.87. Nomura Focused Large Growth ETF has a twelve month low of $24.75 and a twelve month high of $30.99. The company has a 50-day simple moving average of $30.14 and a two-hundred day simple moving average of $28.39.

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.