Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Up 322.7% in December

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 985 shares, a growth of 322.7% from the November 30th total of 233 shares. Approximately 0.0% of the company’s stock are short sold. 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 short sold.

Institutional Trading of Innovator Gradient Tactical Rotation Strategy ETF

Several institutional investors have recently made changes to their positions in the company. Susquehanna International Group LLP raised its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF by 68.3% in the third quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock valued at $2,602,000 after purchasing an additional 39,972 shares during the last quarter. Accurate Wealth Management LLC bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter worth approximately $384,000. Bank of America Corp DE bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter worth approximately $128,000. Finally, Jane Street Group LLC boosted its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 31.2% in the 2nd quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock worth $448,000 after buying an additional 4,319 shares during the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Stock Up 0.3%

Shares of Innovator Gradient Tactical Rotation Strategy ETF stock opened at $28.45 on Thursday. Innovator Gradient Tactical Rotation Strategy ETF has a 52 week low of $22.07 and a 52 week high of $28.47. The business has a 50 day moving average price of $27.24 and a 200-day moving average price of $25.85. The company has a market cap of $59.75 million, a PE ratio of 18.93 and a beta of 0.74.

About Innovator Gradient Tactical Rotation Strategy ETF

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.