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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the recipient of a significant growth in short interest in July. As of July 15th, there was short interest totaling 266 shares, a growth of 198.9% from the June 30th total of 89 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 295 shares, the short-interest ratio is currently 0.9 days.

LG QRAFT AI-Powered U.S. Large Cap Core ETF Stock Down 0.8%

LQAI stock opened at $43.87 on Wednesday. The company’s 50-day moving average price is $46.25 and its two-hundred day moving average price is $42.41. The firm has a market cap of $2.19 million, a P/E ratio of 21.96 and a beta of 1.07. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a 12 month low of $36.52 and a 12 month high of $48.26.

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.