Leuthold Core ETF (NYSEARCA:LCR) Sees Large Growth in Short Interest

Leuthold Core ETF (NYSEARCA:LCR) was the target of a large growth in short interest in April. As of April 15th, there was short interest totaling 7,521 shares, a growth of 394.8% from the March 31st total of 1,520 shares. Based on an average daily volume of 4,774 shares, the short-interest ratio is currently 1.6 days. Currently, 0.4% of the company’s stock are sold short.

Hedge Funds Weigh In On Leuthold Core ETF

A hedge fund recently bought a new stake in Leuthold Core ETF stock. Integrated Wealth Concepts LLC bought a new stake in Leuthold Core ETF (NYSEARCA:LCR) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 9,185 shares of the company’s stock, valued at approximately $315,000. Integrated Wealth Concepts LLC owned about 0.45% of Leuthold Core ETF as of its most recent filing with the SEC.

Leuthold Core ETF Price Performance

NYSEARCA:LCR opened at $38.71 on Friday. Leuthold Core ETF has a fifty-two week low of $33.99 and a fifty-two week high of $39.63. The stock has a market capitalization of $70.84 million, a PE ratio of 19.46 and a beta of 0.55. The business’s 50-day simple moving average is $38.04 and its 200-day simple moving average is $38.15.

About Leuthold Core ETF

The Leuthold Core ETF (LCR) is an exchange-traded fund that is based on the SP Target Risk Moderate index. The fund is an actively-managed global asset allocation fund of funds which seeks total return. LCR was launched on Jan 6, 2020 and is managed by Leuthold.