Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) Short Interest Up 208.6% in August

Innovator Growth Accelerated ETF – Quarterly (BATS:XDQQ) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 24,970 shares, a growth of 208.6% from the August 15th total of 8,092 shares. Currently, 2.2% of the company’s stock are sold short. Based on an average trading volume of 31,986 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. purchased a new position in Innovator Growth Accelerated ETF – Quarterly in the 3rd quarter worth about $45,000. Kestra Advisory Services LLC bought a new stake in shares of Innovator Growth Accelerated ETF – Quarterly in the fourth quarter worth approximately $104,000. Bullseye Investment Management LLC bought a new stake in shares of Innovator Growth Accelerated ETF – Quarterly in the second quarter worth approximately $117,000. Vantage Point Financial LLC purchased a new position in shares of Innovator Growth Accelerated ETF – Quarterly during the first quarter valued at approximately $295,000. Finally, Centaurus Financial Inc. raised its holdings in shares of Innovator Growth Accelerated ETF – Quarterly by 26.9% during the third quarter. Centaurus Financial Inc. now owns 8,642 shares of the company’s stock valued at $327,000 after purchasing an additional 1,830 shares during the last quarter.

Innovator Growth Accelerated ETF – Quarterly Price Performance

Shares of BATS XDQQ opened at $39.58 on Monday. The firm has a market cap of $44.73 million, a P/E ratio of 29.58 and a beta of 1.03. Innovator Growth Accelerated ETF – Quarterly has a twelve month low of $35.61 and a twelve month high of $41.15. The company has a 50 day moving average of $39.53 and a 200 day moving average of $39.53.

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.