Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) Short Interest Up 87.2% in June

Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 12,661 shares, a growth of 87.2% from the May 31st total of 6,762 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,887 shares, the days-to-cover ratio is currently 2.6 days.

Innovator U.S. Equity Accelerated ETF – Quarterly Price Performance

Shares of XDSQ stock opened at $42.96 on Wednesday. The stock’s fifty day simple moving average is $42.54 and its 200 day simple moving average is $41.87. Innovator U.S. Equity Accelerated ETF – Quarterly has a one year low of $37.27 and a one year high of $43.03. The firm has a market cap of $62.29 million, a price-to-earnings ratio of 24.58 and a beta of 0.85.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated ETF – Quarterly

Several institutional investors and hedge funds have recently made changes to their positions in XDSQ. Orion Porfolio Solutions LLC grew its holdings in shares of Innovator U.S. Equity Accelerated ETF – Quarterly by 278.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 75,231 shares of the company’s stock worth $2,812,000 after purchasing an additional 55,331 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Innovator U.S. Equity Accelerated ETF – Quarterly by 9.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,604 shares of the company’s stock valued at $303,000 after purchasing an additional 688 shares during the last quarter. Susquehanna International Group LLP bought a new position in Innovator U.S. Equity Accelerated ETF – Quarterly during the 3rd quarter valued at about $1,185,000. Advisory Services Network LLC acquired a new position in Innovator U.S. Equity Accelerated ETF – Quarterly in the third quarter valued at about $136,000. Finally, First Commonwealth Financial Corp PA boosted its position in Innovator U.S. Equity Accelerated ETF – Quarterly by 12.4% in the third quarter. First Commonwealth Financial Corp PA now owns 54,437 shares of the company’s stock valued at $2,170,000 after buying an additional 5,984 shares in the last quarter.

About Innovator U.S. Equity Accelerated ETF – Quarterly

The Innovator U.S. Equity Accelerated ETF – Quarterly (XDSQ) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap over a three-month outcome period. XDSQ was launched on Apr 1, 2021 and is managed by Innovator.