QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) Short Interest Down 64.7% in May

QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 494 shares, a drop of 64.7% from the May 14th total of 1,401 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 1,417 shares, the days-to-cover ratio is presently 0.3 days.

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

NYSEARCA:QRFT traded up $0.33 during trading hours on Friday, hitting $68.64. The company had a trading volume of 879 shares, compared to its average volume of 1,715. The company has a market capitalization of $15.10 million, a PE ratio of 26.35 and a beta of 1.03. The stock has a 50-day moving average price of $66.65 and a 200 day moving average price of $63.70. QRAFT AI-Enhanced U.S. Large Cap ETF has a 52 week low of $54.53 and a 52 week high of $70.51.

Institutional Investors Weigh In On QRAFT AI-Enhanced U.S. Large Cap ETF

An institutional investor recently bought a new position in QRAFT AI-Enhanced U.S. Large Cap ETF stock. Jane Street Group LLC purchased a new position in QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 15,991 shares of the company’s stock, valued at approximately $818,000. Jane Street Group LLC owned 5.33% of QRAFT AI-Enhanced U.S. Large Cap ETF at the end of the most recent reporting period.

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.