Short Interest in Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) Decreases By 39.2%

Natixis Loomis Sayles Focused Growth ETF (NYSEARCA:LSGR) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 22,073 shares, a drop of 39.2% from the July 15th total of 36,294 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 54,333 shares, the short-interest ratio is presently 0.4 days.

Natixis Loomis Sayles Focused Growth ETF Stock Performance

NYSEARCA:LSGR traded down $0.04 on Tuesday, hitting $44.50. 40,836 shares of the stock were exchanged, compared to its average volume of 101,325. The stock has a market capitalization of $888.66 million, a price-to-earnings ratio of 37.35 and a beta of 1.27. Natixis Loomis Sayles Focused Growth ETF has a 52 week low of $37.72 and a 52 week high of $46.52. The company’s 50-day moving average price is $43.02 and its 200 day moving average price is $42.79.

Hedge Funds Weigh In On Natixis Loomis Sayles Focused Growth ETF

Several large investors have recently bought and sold shares of LSGR. Bank of America Corp DE boosted 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 last quarter. Royal Bank of Canada lifted its stake in shares of 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 valued at $207,000 after purchasing an additional 749 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Natixis Loomis Sayles Focused Growth ETF by 60.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 98,879 shares of the company’s stock worth $3,895,000 after purchasing an additional 37,219 shares during the last quarter. Richmond Investment Services LLC bought a new position in shares of Natixis Loomis Sayles Focused Growth ETF in the 1st quarter worth $923,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of Natixis Loomis Sayles Focused Growth ETF by 14.3% during the first quarter. Nations Financial Group Inc. IA ADV now owns 34,783 shares of the company’s stock worth $1,370,000 after purchasing an additional 4,345 shares during the period.

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.