Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) Short Interest Update

Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 6,093 shares, a drop of 42.0% from the April 30th total of 10,507 shares. Based on an average daily trading volume, of 9,421 shares, the days-to-cover ratio is presently 0.6 days. Approximately 1.4% of the company’s stock are short sold.

Innovator Growth Accelerated Plus ETF – October Stock Performance

Innovator Growth Accelerated Plus ETF – October stock opened at $37.88 on Thursday. The stock has a 50-day moving average of $35.87 and a two-hundred day moving average of $34.67. Innovator Growth Accelerated Plus ETF – October has a one year low of $30.70 and a one year high of $37.98. The stock has a market cap of $17.05 million, a PE ratio of 29.40 and a beta of 0.96.

Institutional Investors Weigh In On Innovator Growth Accelerated Plus ETF – October

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in QTOC. Osaic Holdings Inc. raised its stake in Innovator Growth Accelerated Plus ETF – October by 3.4% in the second quarter. Osaic Holdings Inc. now owns 15,030 shares of the company’s stock valued at $479,000 after buying an additional 500 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in Innovator Growth Accelerated Plus ETF – October in the third quarter valued at about $1,051,000. Brookwood Investment Group LLC raised its stake in Innovator Growth Accelerated Plus ETF – October by 3.1% in the fourth quarter. Brookwood Investment Group LLC now owns 16,229 shares of the company’s stock valued at $555,000 after buying an additional 491 shares during the last quarter. Welch Financial Planning LLC purchased a new stake in Innovator Growth Accelerated Plus ETF – October in the fourth quarter valued at about $649,000. Finally, World Investment Advisors increased its holdings in shares of Innovator Growth Accelerated Plus ETF – October by 29.5% in the fourth quarter. World Investment Advisors now owns 15,805 shares of the company’s stock valued at $540,000 after purchasing an additional 3,605 shares during the period.

Innovator Growth Accelerated Plus ETF – October Company Profile

The Innovator Growth Accelerated Plus ETF – October (QTOC) is an exchange-traded fund that is based on the Invesco QQQ Trust index. 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. QTOC was launched on Oct 1, 2021 and is managed by Innovator.