Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Update

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 985 shares, an increase of 322.7% from the November 30th total of 233 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,734 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 4,734 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Innovator Gradient Tactical Rotation Strategy ETF

A number of large investors have recently bought and sold shares of the company. Susquehanna International Group LLP grew its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 68.3% during the 3rd quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock worth $2,602,000 after acquiring an additional 39,972 shares in the last quarter. Accurate Wealth Management LLC bought a new stake in shares of Innovator Gradient Tactical Rotation Strategy ETF in the third quarter worth $384,000. Bank of America Corp DE acquired a new position in Innovator Gradient Tactical Rotation Strategy ETF during the third quarter worth $128,000. Finally, Jane Street Group LLC grew its position in Innovator Gradient Tactical Rotation Strategy ETF by 31.2% in the second quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock valued at $448,000 after purchasing an additional 4,319 shares in the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Price Performance

Shares of IGTR traded up $0.06 during midday trading on Friday, hitting $28.51. The stock had a trading volume of 1,361 shares, compared to its average volume of 16,595. The firm has a market cap of $59.87 million, a price-to-earnings ratio of 18.93 and a beta of 0.74. The company has a 50 day simple moving average of $27.28 and a two-hundred day simple moving average of $25.87. Innovator Gradient Tactical Rotation Strategy ETF has a twelve month low of $22.07 and a twelve month high of $28.52.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum. IGTR was launched on Nov 17, 2022 and is managed by Innovator.