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

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,513 shares, a growth of 900.9% from the January 15th total of 351 shares. Based on an average daily trading volume, of 23,077 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 23,077 shares, the short-interest ratio is currently 0.2 days.

ClearBridge Large Cap Growth Select ETF Stock Performance

Shares of NASDAQ:LRGE traded down $1.79 during midday trading on Thursday, hitting $78.17. 7,515 shares of the stock were exchanged, compared to its average volume of 19,683. The company has a market capitalization of $407.27 million, a PE ratio of 34.66 and a beta of 1.12. ClearBridge Large Cap Growth Select ETF has a 52-week low of $60.72 and a 52-week high of $87.29. The business’s fifty day simple moving average is $81.96 and its two-hundred day simple moving average is $81.98.

Hedge Funds Weigh In On ClearBridge Large Cap Growth Select ETF

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in ClearBridge Large Cap Growth Select ETF in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of ClearBridge Large Cap Growth Select ETF in the fourth quarter worth about $32,000. Bank of America Corp DE boosted its stake in shares of ClearBridge Large Cap Growth Select ETF by 226.8% during the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock worth $41,000 after acquiring an additional 381 shares in the last quarter. CWM LLC acquired a new position in shares of ClearBridge Large Cap Growth Select ETF during the 2nd quarter valued at about $61,000. Finally, Park Avenue Securities LLC bought a new position in shares of ClearBridge Large Cap Growth Select ETF in the 3rd quarter valued at approximately $204,000.

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.