Short Interest in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Decreases By 79.6%

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,321 shares, a decrease of 79.6% from the December 15th total of 16,286 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 19,603 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 19,603 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Nomura Focused Large Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Nomura Focused Large Growth ETF in the 2nd quarter valued at approximately $9,190,000. VestGen Advisors LLC lifted its holdings in shares of Nomura Focused Large Growth ETF by 8.0% during the second quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock worth $15,189,000 after purchasing an additional 39,032 shares during the period. Prosperity Wealth Management Inc. purchased a new position in Nomura Focused Large Growth ETF in the 2nd quarter valued at $3,595,000. Susquehanna International Group LLP purchased a new position in Nomura Focused Large Growth ETF during the 3rd quarter worth $2,033,000. Finally, Jane Street Group LLC raised its position in Nomura Focused Large Growth ETF by 8.0% during the 2nd quarter. Jane Street Group LLC now owns 10,296 shares of the company’s stock worth $295,000 after buying an additional 763 shares during the last quarter.

Nomura Focused Large Growth ETF Stock Performance

NYSEARCA LRGG traded up $0.03 on Thursday, reaching $29.20. The stock had a trading volume of 231,460 shares, compared to its average volume of 63,736. The stock has a market cap of $379.60 million, a P/E ratio of 37.23 and a beta of 0.86. The business’s 50-day moving average price is $29.42 and its 200 day moving average price is $29.55. Nomura Focused Large Growth ETF has a 12-month low of $23.28 and a 12-month high of $30.74.

Nomura Focused Large Growth ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were paid a $0.046 dividend. The ex-dividend date was Wednesday, December 31st. This represents a yield of 16.0%.

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.