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

Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 16,419 shares, a growth of 314.3% from the October 15th total of 3,963 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 61,382 shares, the days-to-cover ratio is currently 0.3 days.

Natixis Loomis Sayles Focused Growth ETF Price Performance

Shares of LSGR stock opened at $43.33 on Thursday. The stock has a market cap of $837.14 million, a P/E ratio of 24.82 and a beta of 1.29. Natixis Loomis Sayles Focused Growth ETF has a one year low of $37.72 and a one year high of $46.36. The stock has a fifty day moving average price of $44.99 and a 200 day moving average price of $43.49.

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. Baird Financial Group Inc. lifted its holdings in shares of Natixis Loomis Sayles Focused Growth ETF by 638.5% during the 2nd quarter. Baird Financial Group Inc. now owns 205,315 shares of the company’s stock worth $8,650,000 after acquiring an additional 177,512 shares during the period. Bank of America Corp DE increased its stake in 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 valued at $7,807,000 after acquiring an additional 95,513 shares during the period. PNC Financial Services Group Inc. increased its stake in Natixis Loomis Sayles Focused Growth ETF by 60.4% in the first quarter. PNC Financial Services Group Inc. now owns 98,879 shares of the company’s stock valued at $3,895,000 after acquiring an additional 37,219 shares during the period. Apollon Wealth Management LLC raised its position in Natixis Loomis Sayles Focused Growth ETF by 0.8% in the third quarter. Apollon Wealth Management LLC now owns 81,762 shares of the company’s stock worth $3,677,000 after purchasing an additional 637 shares in the last quarter. Finally, Sepio Capital LP acquired a new position in Natixis Loomis Sayles Focused Growth ETF in the third quarter worth about $1,594,000.

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.