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

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

Nomura Focused Large Growth ETF Stock Up 0.8%

LRGG traded up $0.24 during trading on Friday, reaching $29.51. The stock had a trading volume of 10,762 shares, compared to its average volume of 60,778. The stock has a 50 day moving average of $29.20 and a two-hundred day moving average of $27.94. The firm has a market capitalization of $303.95 million, a price-to-earnings ratio of 37.23 and a beta of 0.88. Nomura Focused Large Growth ETF has a 1-year low of $24.75 and a 1-year high of $30.74.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LRGG. Global Retirement Partners LLC purchased a new position in shares of Nomura Focused Large Growth ETF during the 4th quarter valued at $51,000. Jane Street Group LLC acquired a new stake in Nomura Focused Large Growth ETF during the first quarter valued at $249,000. Corient Private Wealth LLC purchased a new position in Nomura Focused Large Growth ETF in the fourth quarter valued at about $266,000. Benjamin Edwards Inc. grew its stake in Nomura Focused Large Growth ETF by 7.9% in the second quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock valued at $291,000 after purchasing an additional 746 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Nomura Focused Large Growth ETF in the 1st quarter worth about $560,000.

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.