Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Sees Large Growth in Short Interest

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,472 shares, an increase of 104.7% from the February 26th total of 719 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 51,024 shares, the days-to-cover ratio is currently 0.0 days.

Nomura Focused Large Growth ETF Trading Down 2.3%

Shares of LRGG stock traded down $0.58 on Friday, reaching $24.80. 22,237 shares of the company’s stock were exchanged, compared to its average volume of 94,528. The stock has a market capitalization of $310 million, a PE ratio of 37.23 and a beta of 0.86. The company’s fifty day simple moving average is $27.19 and its 200 day simple moving average is $28.75. Nomura Focused Large Growth ETF has a 52 week low of $23.28 and a 52 week high of $30.74.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Horizon Wealth Management LLC acquired a new stake in shares of Nomura Focused Large Growth ETF during the 3rd quarter valued at about $2,572,000. Susquehanna International Group LLP purchased a new position in Nomura Focused Large Growth ETF during the third quarter worth approximately $2,033,000. Valley Wealth Managers Inc. grew its holdings in Nomura Focused Large Growth ETF by 6.8% in the third quarter. Valley Wealth Managers Inc. now owns 835,497 shares of the company’s stock valued at $25,107,000 after purchasing an additional 53,506 shares during the period. VestGen Advisors LLC increased its position in shares of Nomura Focused Large Growth ETF by 8.0% in the second quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock valued at $15,189,000 after buying an additional 39,032 shares in the last quarter. Finally, Proactive Wealth Strategies LLC increased its position in shares of Nomura Focused Large Growth ETF by 98.1% in the fourth quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock valued at $1,089,000 after buying an additional 18,217 shares in the last quarter.

About Nomura Focused Large Growth ETF

The Macquarie Focused Large Growth ETF (LRGG) is an exchange-traded fund that mostly invests in large cap equity. The fund focuses on long-term capital growth by actively managing a narrow portfolio of large-cap US companies deemed as growth-oriented. LRGG was launched on May 14, 2024 and is issued by Macquarie.