Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Short Interest Up 59.3% in July

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 3,976 shares, a growth of 59.3% from the July 15th total of 2,496 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 26,084 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LRGG. Global Retirement Partners LLC acquired a new stake in shares of Nomura Focused Large Growth ETF in the fourth quarter valued at about $51,000. CWM LLC acquired a new position in shares of Nomura Focused Large Growth ETF during the 4th quarter worth about $85,000. Jane Street Group LLC acquired a new position in shares of Nomura Focused Large Growth ETF during the 1st quarter worth about $249,000. Corient Private Wealth LLC bought a new stake in Nomura Focused Large Growth ETF during the 4th quarter valued at approximately $266,000. Finally, Benjamin Edwards Inc. boosted its stake in Nomura Focused Large Growth ETF by 7.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock valued at $291,000 after purchasing an additional 746 shares during the period.

Nomura Focused Large Growth ETF Stock Performance

Shares of LRGG stock opened at $29.72 on Thursday. Nomura Focused Large Growth ETF has a twelve month low of $24.75 and a twelve month high of $30.74. The stock’s 50 day simple moving average is $28.39 and its 200 day simple moving average is $27.62. The company has a market capitalization of $306.12 million, a price-to-earnings ratio of 37.23 and a beta of 0.87.

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.