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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAIGet Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 98 shares, a drop of 51.5% from the July 30th total of 202 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 296 shares, the days-to-cover ratio is currently 0.3 days.

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

LG QRAFT AI-Powered U.S. Large Cap Core ETF stock traded down $0.05 during mid-day trading on Friday, hitting $45.81. 15 shares of the company’s stock were exchanged, compared to its average volume of 552. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a 1-year low of $37.14 and a 1-year high of $48.26. The stock has a 50 day moving average of $45.77 and a two-hundred day moving average of $43.36. The stock has a market cap of $2.29 million, a P/E ratio of 21.96 and a beta of 1.11.

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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