LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) Sees Significant Increase in Short Interest

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAIGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 266 shares, an increase of 198.9% from the June 30th total of 89 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 295 shares, the days-to-cover ratio is presently 0.9 days.

LG QRAFT AI-Powered U.S. Large Cap Core ETF Trading Down 1.4%

LG QRAFT AI-Powered U.S. Large Cap Core ETF stock traded down $0.62 during midday trading on Monday, hitting $44.03. 201 shares of the stock were exchanged, compared to its average volume of 609. The stock’s 50-day simple moving average is $46.25 and its 200 day simple moving average is $42.35. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a fifty-two week low of $36.52 and a fifty-two week high of $48.26. The stock has a market capitalization of $2.20 million, a price-to-earnings ratio of 21.96 and a beta of 1.07.

About LG QRAFT AI-Powered U.S. Large Cap Core ETF

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The LG QRAFT AI-Powered U.S. Large Cap Core ETF (LQAI) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a portfolio comprised of the top 100 large-cap US equities chosen with the aid of artificial intelligence. LQAI was launched on Nov 6, 2023 and is issued by Exchange Traded Concepts.

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