Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) Sees Large Decline in Short Interest

Logan Capital Broad Innovative Growth ETF (NYSEARCA:LCLG) was the target of a large drop in short interest during the month of October. As of October 30th, there was short interest totaling 19 shares, a drop of 97.2% from the October 15th total of 679 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 836 shares, the short-interest ratio is presently 0.0 days.

Logan Capital Broad Innovative Growth ETF Price Performance

Shares of LCLG stock traded up $1.53 during trading on Wednesday, hitting $69.80. 620 shares of the stock traded hands, compared to its average volume of 993. Logan Capital Broad Innovative Growth ETF has a 52-week low of $56.79 and a 52-week high of $76.05. The firm has a market capitalization of $106.10 million, a P/E ratio of 24.61 and a beta of 1.30. The firm’s fifty day moving average price is $69.41 and its 200-day moving average price is $68.39.

Logan Capital Broad Innovative Growth ETF Company Profile

The Logan Capital Broad Innovative Growth ETF (LCLG) is an exchange-traded fund that mostly invests in large cap equity. The fund actively invests in a growth portfolio of primarily large-cap US-listed companies that use innovative technologies. Equities are selected based on macroeconomic, fundamental, and technical factors. LCLG was launched on Jan 1, 2022 and is managed by Logan.