ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Sees Significant Increase in Short Interest

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 13,086 shares, a growth of 94.3% from the February 12th total of 6,735 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 13,063 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 13,063 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

ClearBridge Large Cap Growth Select ETF Stock Performance

LRGE stock traded down $0.69 during mid-day trading on Friday, reaching $76.82. 9,320 shares of the stock traded hands, compared to its average volume of 23,982. ClearBridge Large Cap Growth Select ETF has a one year low of $60.72 and a one year high of $87.29. The stock has a market capitalization of $400.23 million, a PE ratio of 34.66 and a beta of 1.12. The business has a 50-day moving average price of $80.32 and a two-hundred day moving average price of $81.77.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Several hedge funds have recently added to or reduced their stakes in LRGE. Farther Finance Advisors LLC purchased a new stake in ClearBridge Large Cap Growth Select ETF in the 4th quarter worth about $26,000. Flagship Harbor Advisors LLC purchased a new position in shares of ClearBridge Large Cap Growth Select ETF during the fourth quarter valued at approximately $32,000. Bank of America Corp DE grew its stake in shares of ClearBridge Large Cap Growth Select ETF by 226.8% during the fourth quarter. Bank of America Corp DE now owns 549 shares of the company’s stock valued at $41,000 after buying an additional 381 shares during the last quarter. SHP Wealth Management bought a new position in shares of ClearBridge Large Cap Growth Select ETF during the fourth quarter valued at approximately $49,000. Finally, Arax Advisory Partners purchased a new stake in shares of ClearBridge Large Cap Growth Select ETF in the fourth quarter worth approximately $107,000.

About ClearBridge Large Cap Growth Select ETF

The ClearBridge Large Cap Growth ESG ETF (LRGE) is an exchange-traded fund that is based on the TIAA ESG USA Large-Cap Growth index. The fund is actively-managed to invest in global large-cap growth stocks with positive environmental, social, and governance (ESG) traits. The fund aims for long-term capital appreciation. LRGE was launched on May 22, 2017 and is managed by Franklin Templeton.