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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 82 shares, a decline of 53.4% from the May 31st total of 176 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 550 shares, the short-interest ratio is presently 0.1 days.

LG QRAFT AI-Powered U.S. Large Cap Core ETF Price Performance

LG QRAFT AI-Powered U.S. Large Cap Core ETF stock traded down $0.99 during mid-day trading on Wednesday, reaching $47.14. 358 shares of the company traded hands, compared to its average volume of 664. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a fifty-two week low of $35.32 and a fifty-two week high of $48.26. The company has a market capitalization of $2.36 million, a price-to-earnings ratio of 21.96 and a beta of 1.09. The firm’s fifty day moving average is $45.38 and its two-hundred day moving average is $41.55.

About LG QRAFT AI-Powered U.S. Large Cap Core ETF

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.