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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,395 shares, an increase of 3,826.2% from the September 15th total of 61 shares. Approximately 4.8% of the company’s shares are short sold. Based on an average daily volume of 467 shares, the days-to-cover ratio is currently 5.1 days.

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

NYSEARCA:LQAI traded up $0.03 during trading hours on Friday, hitting $46.74. The stock had a trading volume of 14 shares, compared to its average volume of 513. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a one year low of $37.14 and a one year high of $48.26. The company has a market cap of $2.34 million, a price-to-earnings ratio of 21.96 and a beta of 1.10. The business’s 50 day moving average is $46.08 and its 200-day moving average is $44.75.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were paid a dividend of $0.0966 per share. This represents a $0.39 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 28th. This is a boost from LG QRAFT AI-Powered U.S. Large Cap Core ETF’s previous quarterly dividend of $0.0878.

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.