Short Interest in QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) Expands By 893.6%

QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,401 shares, a growth of 893.6% from the April 30th total of 141 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 2,663 shares, the short-interest ratio is currently 0.5 days.

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

Shares of QRFT traded down $0.10 during mid-day trading on Friday, hitting $70.04. The company’s stock had a trading volume of 1,296 shares, compared to its average volume of 1,813. The firm has a 50-day moving average price of $64.74 and a 200 day moving average price of $63.15. The stock has a market capitalization of $15.41 million, a price-to-earnings ratio of 26.35 and a beta of 1.03. QRAFT AI-Enhanced U.S. Large Cap ETF has a fifty-two week low of $53.86 and a fifty-two week high of $70.36.

Institutional Investors Weigh In On QRAFT AI-Enhanced U.S. Large Cap ETF

An institutional investor recently bought a new position in QRAFT AI-Enhanced U.S. Large Cap ETF stock. Jane Street Group LLC purchased a new position in QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,991 shares of the company’s stock, valued at approximately $818,000. Jane Street Group LLC owned approximately 5.33% of QRAFT AI-Enhanced U.S. Large Cap ETF at the end of the most recent reporting period.

About QRAFT AI-Enhanced U.S. Large Cap ETF

The QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of large-cap US equities chosen with the aid of artificial intelligence. QRFT was launched on May 21, 2019 and is managed by QRAFT.