ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) Short Interest Up 939.7% in August

ClearBridge Large Cap Growth Select ETF (NASDAQ:LRGE) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,621 shares, a growth of 939.7% from the July 30th total of 733 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 6,209 shares, the short-interest ratio is currently 1.2 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LRGE. Farther Finance Advisors LLC acquired a new stake in ClearBridge Large Cap Growth Select ETF in the fourth quarter valued at $26,000. Bank of America Corp DE boosted its stake in ClearBridge Large Cap Growth Select ETF by 226.8% in the 4th quarter. Bank of America Corp DE now owns 549 shares of the company’s stock valued at $41,000 after purchasing an additional 381 shares during the period. SHP Wealth Management bought a new stake in shares of ClearBridge Large Cap Growth Select ETF in the fourth quarter valued at about $49,000. Arax Advisory Partners bought a new stake in ClearBridge Large Cap Growth Select ETF in the 4th quarter valued at about $107,000. Finally, AdvisorNet Financial Inc grew its position in ClearBridge Large Cap Growth Select ETF by 97.0% during the first quarter. AdvisorNet Financial Inc now owns 2,007 shares of the company’s stock worth $151,000 after buying an additional 988 shares in the last quarter.

ClearBridge Large Cap Growth Select ETF Stock Performance

NASDAQ:LRGE traded up $0.10 on Wednesday, reaching $87.72. The company’s stock had a trading volume of 795 shares, compared to its average volume of 19,638. The business’s 50-day moving average price is $85.99 and its two-hundred day moving average price is $82.80. ClearBridge Large Cap Growth Select ETF has a 1-year low of $72.34 and a 1-year high of $90.16. The firm has a market cap of $382.46 million, a PE ratio of 34.66 and a beta of 1.11.

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.