Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) Sees Large Drop in Short Interest

Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) saw a large decline in short interest in July. As of July 31st, there was short interest totaling 22,073 shares, a decline of 39.2% from the July 15th total of 36,294 shares. Based on an average daily trading volume, of 54,333 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

Natixis Loomis Sayles Focused Growth ETF Stock Performance

Shares of LSGR stock opened at $44.36 on Wednesday. Natixis Loomis Sayles Focused Growth ETF has a 52-week low of $37.72 and a 52-week high of $46.52. The firm has a market capitalization of $885.87 million, a PE ratio of 37.35 and a beta of 1.27. The stock has a fifty day simple moving average of $43.03 and a two-hundred day simple moving average of $42.78.

Hedge Funds Weigh In On Natixis Loomis Sayles Focused Growth ETF

A number of hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. lifted its stake in Natixis Loomis Sayles Focused Growth ETF by 996.0% in the 3rd quarter. Raymond James Financial Inc. now owns 959,353 shares of the company’s stock worth $42,607,000 after purchasing an additional 871,824 shares in the last quarter. LPL Financial LLC grew its position in shares of Natixis Loomis Sayles Focused Growth ETF by 27.2% during the fourth quarter. LPL Financial LLC now owns 1,746,022 shares of the company’s stock valued at $78,152,000 after purchasing an additional 373,412 shares in the last quarter. Cerity Partners LLC grew its position in shares of Natixis Loomis Sayles Focused Growth ETF by 60.8% during the fourth quarter. Cerity Partners LLC now owns 859,097 shares of the company’s stock valued at $38,453,000 after purchasing an additional 324,965 shares in the last quarter. Mariner LLC bought a new stake in shares of Natixis Loomis Sayles Focused Growth ETF in the third quarter worth about $10,340,000. Finally, Bank of America Corp DE increased its holdings in shares of Natixis Loomis Sayles Focused Growth ETF by 93.0% in the first quarter. Bank of America Corp DE now owns 198,208 shares of the company’s stock worth $7,807,000 after purchasing an additional 95,513 shares during the last quarter.

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.