Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) Sees Large Decrease in Short Interest

Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 10,508 shares, a decline of 57.9% from the August 31st total of 24,970 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 8,260 shares, the days-to-cover ratio is currently 1.3 days.

Innovator Growth Accelerated ETF – Quarterly Price Performance

Shares of BATS XDQQ opened at $40.94 on Wednesday. The firm has a market cap of $46.26 million, a price-to-earnings ratio of 29.58 and a beta of 1.03. The stock’s fifty day moving average price is $39.74 and its two-hundred day moving average price is $39.62. Innovator Growth Accelerated ETF – Quarterly has a one year low of $35.61 and a one year high of $42.04.

Institutional Trading of Innovator Growth Accelerated ETF – Quarterly

Several hedge funds and other institutional investors have recently bought and sold shares of XDQQ. Arkadios Wealth Advisors bought a new stake in Innovator Growth Accelerated ETF – Quarterly in the 1st quarter valued at about $492,000. Bullseye Investment Management LLC bought a new position in shares of Innovator Growth Accelerated ETF – Quarterly during the second quarter worth approximately $117,000. Cetera Investment Advisers raised its position in shares of Innovator Growth Accelerated ETF – Quarterly by 0.6% in the first quarter. Cetera Investment Advisers now owns 109,322 shares of the company’s stock valued at $4,044,000 after buying an additional 653 shares in the last quarter. Vantage Point Financial LLC acquired a new stake in shares of Innovator Growth Accelerated ETF – Quarterly in the first quarter valued at approximately $295,000. Finally, Welch Financial Planning LLC boosted its stake in shares of Innovator Growth Accelerated ETF – Quarterly by 2.8% in the first quarter. Welch Financial Planning LLC now owns 84,999 shares of the company’s stock valued at $3,145,000 after buying an additional 2,307 shares during the period.

About Innovator Growth Accelerated ETF – Quarterly

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.