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

Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,551 shares, a growth of 149.2% from the August 15th total of 4,234 shares. Based on an average daily volume of 41,906 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Natixis Loomis Sayles Focused Growth ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LSGR. Huntington National Bank purchased a new position in shares of Natixis Loomis Sayles Focused Growth ETF during the 4th quarter valued at $32,000. Royal Bank of Canada increased its stake in Natixis Loomis Sayles Focused Growth ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 5,247 shares of the company’s stock worth $207,000 after buying an additional 749 shares in the last quarter. Truist Financial Corp raised its holdings in Natixis Loomis Sayles Focused Growth ETF by 33.2% during the fourth quarter. Truist Financial Corp now owns 13,987 shares of the company’s stock valued at $626,000 after acquiring an additional 3,485 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Natixis Loomis Sayles Focused Growth ETF during the second quarter valued at about $936,000. Finally, Richmond Investment Services LLC purchased a new position in shares of Natixis Loomis Sayles Focused Growth ETF in the first quarter valued at about $923,000.

Natixis Loomis Sayles Focused Growth ETF Stock Performance

Shares of NYSEARCA LSGR traded down $0.34 during trading on Tuesday, hitting $44.74. The company had a trading volume of 3,118 shares, compared to its average volume of 94,283. The stock has a 50 day simple moving average of $44.02 and a 200 day simple moving average of $43.17. Natixis Loomis Sayles Focused Growth ETF has a 12 month low of $37.72 and a 12 month high of $46.52. The firm has a market capitalization of $893.44 million, a P/E ratio of 37.35 and a beta of 1.28.

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.