Short Interest in LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) Drops By 82.2%

LG QRAFT AI-Powered U.S. Large Cap Core ETF (NYSEARCA:LQAI) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 28 shares, a drop of 82.2% from the December 15th total of 157 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 475 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 475 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

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

Shares of NYSEARCA LQAI traded up $0.06 during mid-day trading on Monday, reaching $39.79. The company’s stock had a trading volume of 226 shares, compared to its average volume of 2,189. The firm has a market capitalization of $3.18 million, a PE ratio of 21.96 and a beta of 1.04. The stock has a fifty day moving average of $39.37 and a two-hundred day moving average of $38.67. LG QRAFT AI-Powered U.S. Large Cap Core ETF has a 52 week low of $28.74 and a 52 week high of $41.62.

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

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

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.