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) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 545 shares, a decline of 36.6% from the June 30th total of 859 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 3,319 shares, the days-to-cover ratio is presently 0.2 days.

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

Shares of AMOM traded up $0.52 during midday trading on Friday, hitting $56.32. The stock had a trading volume of 1,371 shares, compared to its average volume of 5,377. QRAFT AI-Enhanced U.S. Large Cap Momentum ETF has a 1 year low of $44.50 and a 1 year high of $64.44. The firm has a market cap of $24.22 million, a PE ratio of 32.87 and a beta of 1.22. The stock’s 50 day moving average is $59.59 and its 200 day moving average is $54.48.

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF Company Profile

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.