Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Update

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the recipient of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 21,505 shares, an increase of 158.3% from the February 26th total of 8,324 shares. Based on an average daily volume of 84,378 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 84,378 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Innovator Nasdaq-100 Managed Floor ETF

Several hedge funds have recently bought and sold shares of the stock. Claro Advisors LLC lifted its position in Innovator Nasdaq-100 Managed Floor ETF by 1.5% during the third quarter. Claro Advisors LLC now owns 23,009 shares of the company’s stock worth $763,000 after acquiring an additional 330 shares during the last quarter. 4J Wealth Management LLC grew its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 1.6% in the fourth quarter. 4J Wealth Management LLC now owns 21,910 shares of the company’s stock valued at $751,000 after purchasing an additional 355 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,476 shares of the company’s stock worth $462,000 after purchasing an additional 393 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 6.3% during the fourth quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock worth $228,000 after purchasing an additional 396 shares during the period. Finally, Navis Wealth Advisors LLC lifted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 3.2% during the 3rd quarter. Navis Wealth Advisors LLC now owns 15,357 shares of the company’s stock worth $509,000 after purchasing an additional 469 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.7%

Shares of NYSEARCA QFLR traded up $0.24 during mid-day trading on Wednesday, reaching $33.76. 99,266 shares of the company were exchanged, compared to its average volume of 89,326. The company’s 50-day simple moving average is $34.47 and its 200-day simple moving average is $34.06. The stock has a market capitalization of $455.76 million, a P/E ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $25.42 and a twelve month high of $35.35.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. QFLR was launched on Jan 25, 2024 and is issued by Innovator.