QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (NYSEARCA:AMOM) Sees Significant Decline in Short Interest

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (NYSEARCA:AMOM) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 545 shares, a drop of 36.6% from the June 30th total of 859 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,319 shares, the short-interest ratio is presently 0.2 days.

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

Shares of AMOM stock traded up $2.99 during mid-day trading on Thursday, hitting $55.80. The company had a trading volume of 3,084 shares, compared to its average volume of 5,405. The stock’s 50 day moving average price is $59.66 and its 200-day moving average price is $54.43. QRAFT AI-Enhanced U.S. Large Cap Momentum ETF has a 52-week low of $44.50 and a 52-week high of $64.44. The company has a market capitalization of $23.99 million, a P/E ratio of 32.87 and a beta of 1.22.

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

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