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

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) saw a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 8,521 shares, a growth of 1,065.7% from the January 15th total of 731 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 46,897 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 46,897 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Valley Wealth Managers Inc. lifted its position in Nomura Focused Large Growth ETF by 1.3% during the 4th quarter. Valley Wealth Managers Inc. now owns 846,385 shares of the company’s stock worth $25,053,000 after buying an additional 10,888 shares in the last quarter. VestGen Advisors LLC raised its holdings in 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 acquiring an additional 39,032 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Nomura Focused Large Growth ETF by 0.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 320,234 shares of the company’s stock valued at $9,626,000 after purchasing an additional 2,136 shares during the last quarter. Prosperity Wealth Management Inc. bought a new position in Nomura Focused Large Growth ETF in the second quarter valued at approximately $3,595,000. Finally, Horizon Wealth Management LLC acquired a new position in shares of Nomura Focused Large Growth ETF during the 3rd quarter worth approximately $2,572,000.

Nomura Focused Large Growth ETF Stock Performance

Nomura Focused Large Growth ETF stock traded down $0.41 during midday trading on Thursday, reaching $26.59. The stock had a trading volume of 39,476 shares, compared to its average volume of 73,778. The stock has a market capitalization of $332.38 million, a P/E ratio of 37.23 and a beta of 0.86. The firm’s fifty day simple moving average is $29.05 and its 200-day simple moving average is $29.46. Nomura Focused Large Growth ETF has a 1-year low of $23.28 and a 1-year 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. Stockholders of record on Wednesday, December 31st were given a $0.046 dividend. This represents a dividend yield of 16.0%. The ex-dividend date of this dividend was Wednesday, December 31st.

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.