Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) Sees Significant Decrease in Short Interest

Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 4,848 shares, a drop of 39.6% from the September 30th total of 8,027 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average trading volume of 31,324 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Innovator Growth Accelerated Plus ETF – January

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QTJA. Bullseye Investment Management LLC bought a new stake in Innovator Growth Accelerated Plus ETF – January in the second quarter worth about $26,000. Kestra Advisory Services LLC boosted its position in shares of Innovator Growth Accelerated Plus ETF – January by 189.0% during the first quarter. Kestra Advisory Services LLC now owns 13,661 shares of the company’s stock valued at $388,000 after buying an additional 8,934 shares during the period. Finally, World Investment Advisors boosted its position in shares of Innovator Growth Accelerated Plus ETF – January by 9.6% during the first quarter. World Investment Advisors now owns 8,910 shares of the company’s stock valued at $253,000 after buying an additional 780 shares during the period.

Innovator Growth Accelerated Plus ETF – January Trading Down 1.5%

QTJA stock opened at $33.88 on Friday. Innovator Growth Accelerated Plus ETF – January has a 12 month low of $27.34 and a 12 month high of $34.63. The company has a 50-day moving average price of $34.15 and a 200 day moving average price of $32.01. The stock has a market cap of $21.18 million, a PE ratio of 30.31 and a beta of 0.95.

About Innovator Growth Accelerated Plus ETF – January

The Innovator Growth Accelerated Plus ETF – January (QTJA) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for 3x the price return of Invesco QQQ Trust ETF (QQQ), subject to an upside return cap over a specific holdings period. QTJA was launched on Jan 1, 2022 and is managed by Innovator.