Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) Short Interest Down 77.9% in May

Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totaling 1,212 shares, a decline of 77.9% from the April 30th total of 5,493 shares. Based on an average daily trading volume, of 4,757 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Innovator Growth Accelerated ETF – Quarterly Price Performance

Shares of BATS XDQQ opened at $40.49 on Friday. The business’s 50-day moving average price is $39.11 and its two-hundred day moving average price is $39.29. Innovator Growth Accelerated ETF – Quarterly has a one year low of $34.25 and a one year high of $40.61. The company has a market capitalization of $45.75 million, a P/E ratio of 29.58 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new position in Innovator Growth Accelerated ETF – Quarterly in the third quarter valued at about $45,000. Kestra Advisory Services LLC purchased a new position in Innovator Growth Accelerated ETF – Quarterly in the fourth quarter valued at about $104,000. Farther Finance Advisors LLC grew its stake in Innovator Growth Accelerated ETF – Quarterly by 29.1% in the fourth quarter. Farther Finance Advisors LLC now owns 5,682 shares of the company’s stock valued at $225,000 after purchasing an additional 1,282 shares in the last quarter. Ballast Rock Private Wealth LLC purchased a new position in Innovator Growth Accelerated ETF – Quarterly in the fourth quarter valued at about $247,000. Finally, Vantage Point Financial LLC purchased a new position in Innovator Growth Accelerated ETF – Quarterly in the first quarter valued at about $295,000.

Innovator Growth Accelerated ETF – Quarterly Company Profile

The Innovator Growth-100 Accelerated ETF – Quarterly (XDQQ) is an exchange-traded fund that is based on the Invesco QQQ Trust index. The fund aims for 2x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a specific holdings period. XDQQ was launched on Apr 1, 2021 and is managed by Innovator.