QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (NYSEARCA:AMOM) Sees Large Increase in Short Interest

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (NYSEARCA:AMOM) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 2,403 shares, an increase of 720.1% from the August 15th total of 293 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 2,730 shares, the days-to-cover ratio is currently 0.9 days.

QRAFT AI-Enhanced U.S. Large Cap Momentum ETF Stock Up 1.8%

AMOM stock traded up $1.05 during trading on Friday, hitting $59.33. 464 shares of the company’s stock traded hands, compared to its average volume of 4,849. The stock has a market capitalization of $25.51 million, a price-to-earnings ratio of 32.87 and a beta of 1.24. QRAFT AI-Enhanced U.S. Large Cap Momentum ETF has a 52 week low of $45.29 and a 52 week high of $64.44. The stock has a fifty day moving average price of $58.20 and a two-hundred day moving average price of $56.08.

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

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.