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

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 515 shares, a decrease of 62.5% from the April 30th total of 1,372 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 31,904 shares, the short-interest ratio is presently 0.0 days.

Nomura Focused Large Growth ETF Price Performance

Shares of NYSEARCA:LRGG opened at $28.52 on Friday. The stock has a market cap of $259.53 million, a P/E ratio of 37.23 and a beta of 0.91. The firm has a fifty day moving average price of $27.18 and a 200 day moving average price of $28.04. Nomura Focused Large Growth ETF has a 1-year low of $24.75 and a 1-year high of $30.74.

Institutional Trading of Nomura Focused Large Growth ETF

A number of large investors have recently bought and sold shares of the business. Valley Wealth Managers Inc. boosted its stake 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 purchasing an additional 10,888 shares during the period. Royal Bank of Canada acquired a new stake in Nomura Focused Large Growth ETF during the 1st quarter worth approximately $5,661,000. Horizon Wealth Management LLC acquired a new stake in Nomura Focused Large Growth ETF during the 3rd quarter worth approximately $2,572,000. Susquehanna International Group LLP acquired a new stake in Nomura Focused Large Growth ETF during the 3rd quarter worth approximately $2,033,000. Finally, Proactive Wealth Strategies LLC lifted its position in Nomura Focused Large Growth ETF by 98.1% during the 4th quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock worth $1,089,000 after acquiring an additional 18,217 shares during the period.

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.