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

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 147 shares, an increase of 3,575.0% from the January 29th total of 4 shares. Based on an average daily trading volume, of 486 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 486 shares, the days-to-cover ratio is presently 0.3 days.

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

NYSEARCA:LQAI opened at $40.46 on Thursday. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a 1 year low of $28.74 and a 1 year high of $41.62. The stock has a fifty day moving average price of $39.66 and a two-hundred day moving average price of $39.44. The stock has a market capitalization of $2.02 million, a price-to-earnings ratio of 21.96 and a beta of 1.04.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were paid a $0.1277 dividend. This represents a $0.51 annualized dividend and a dividend yield of 1.3%. This is a positive change from LG QRAFT AI-Powered U.S. Large Cap Core ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Tuesday, December 30th.

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.