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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 98 shares, a decrease of 51.5% from the July 30th total of 202 shares. Based on an average daily volume of 296 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

LG QRAFT AI-Powered U.S. Large Cap Core ETF Trading Down 0.1%

Shares of LG QRAFT AI-Powered U.S. Large Cap Core ETF stock traded down $0.05 during mid-day trading on Friday, reaching $45.81. 15 shares of the stock were exchanged, compared to its average volume of 552. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a fifty-two week low of $37.14 and a fifty-two week high of $48.26. The company has a market cap of $2.29 million, a price-to-earnings ratio of 21.96 and a beta of 1.11. The firm has a 50-day simple moving average of $45.77 and a 200 day simple moving average of $43.34.

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

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.