Short Interest in QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) Increases By 243.4%

QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 467 shares, a growth of 243.4% from the June 15th total of 136 shares. Based on an average trading volume of 1,821 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

QRAFT AI-Enhanced U.S. Large Cap ETF Stock Performance

NYSEARCA:QRFT traded up $0.06 during trading hours on Tuesday, reaching $69.81. The company’s stock had a trading volume of 1,980 shares, compared to its average volume of 1,995. The firm has a market capitalization of $15.36 million, a price-to-earnings ratio of 26.35 and a beta of 1.03. The firm has a 50-day simple moving average of $68.94 and a 200-day simple moving average of $64.74. QRAFT AI-Enhanced U.S. Large Cap ETF has a 1 year low of $56.78 and a 1 year high of $70.51.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Prostatis Group LLC raised its holdings in QRAFT AI-Enhanced U.S. Large Cap ETF by 29.6% in the 4th quarter. Prostatis Group LLC now owns 150,345 shares of the company’s stock worth $9,385,000 after purchasing an additional 34,299 shares in the last quarter. Jane Street Group LLC bought a new position in shares of QRAFT AI-Enhanced U.S. Large Cap ETF in the 1st quarter worth about $818,000. Finally, World Equity Group Inc. purchased a new position in QRAFT AI-Enhanced U.S. Large Cap ETF during the 2nd quarter valued at about $231,000.

About QRAFT AI-Enhanced U.S. Large Cap ETF

The QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of large-cap US equities chosen with the aid of artificial intelligence. QRFT was launched on May 21, 2019 and is managed by QRAFT.