Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) Sees Significant Increase in Short Interest

Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) saw a significant increase in short interest during the month of February. As of February 13th, there was short interest totaling 184,566 shares, an increase of 681.9% from the January 29th total of 23,606 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 130,735 shares, the days-to-cover ratio is currently 1.4 days. Based on an average daily trading volume, of 130,735 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.3% of the company’s shares are sold short.

Natixis Loomis Sayles Focused Growth ETF Price Performance

Shares of Natixis Loomis Sayles Focused Growth ETF stock traded down $0.22 during trading on Friday, hitting $41.73. The stock had a trading volume of 137,872 shares, compared to its average volume of 91,162. Natixis Loomis Sayles Focused Growth ETF has a 12 month low of $30.04 and a 12 month high of $46.52. The firm’s fifty day simple moving average is $43.69 and its 200-day simple moving average is $43.90. The stock has a market cap of $602.64 million, a PE ratio of 37.35 and a beta of 1.29.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of LSGR. Huntington National Bank purchased a new stake in shares of Natixis Loomis Sayles Focused Growth ETF in the fourth quarter worth approximately $32,000. Kestra Advisory Services LLC bought a new position in Natixis Loomis Sayles Focused Growth ETF in the 4th quarter valued at $32,000. NewEdge Advisors LLC purchased a new stake in Natixis Loomis Sayles Focused Growth ETF in the third quarter worth $40,000. Private Trust Co. NA lifted its position in shares of Natixis Loomis Sayles Focused Growth ETF by 266.7% during the third quarter. Private Trust Co. NA now owns 1,100 shares of the company’s stock worth $49,000 after purchasing an additional 800 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its stake in shares of Natixis Loomis Sayles Focused Growth ETF by 166.7% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,600 shares of the company’s stock valued at $71,000 after purchasing an additional 1,000 shares during the period.

About Natixis Loomis Sayles Focused Growth ETF

The Natixis Loomis Sayles Focused Growth ETF (LSGR) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent fund that focuses on US-listed large-cap stocks but may include companies of any capitalization through a growth investment style. The fund utilizes the Natixis/NYSE non-transparent ETF model. LSGR was launched on Jun 29, 2023 and is managed by Natixis.