Short Interest in LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) Drops By 39.3%

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 17 shares, a decrease of 39.3% from the December 31st total of 28 shares. Based on an average trading volume of 1,581 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,581 shares, the days-to-cover ratio is currently 0.0 days.

LG QRAFT AI-Powered U.S. Large Cap Core ETF Trading Up 0.6%

Shares of NYSEARCA:LQAI opened at $40.36 on Friday. The company has a 50-day moving average price of $39.41 and a 200 day moving average price of $39.03. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a 12 month low of $28.74 and a 12 month high of $41.62. The company has a market cap of $2.02 million, a price-to-earnings ratio of 21.96 and a beta of 1.04.

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

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.1277 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a $0.51 annualized dividend and a yield of 1.3%. This is a boost from LG QRAFT AI-Powered U.S. Large Cap Core ETF’s previous quarterly dividend of $0.11.

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.