Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) Sees Large Increase in Short Interest

Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 10,507 shares, a growth of 306.3% from the April 15th total of 2,586 shares. Based on an average daily volume of 4,438 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.3% of the shares of the company are sold short.

Institutional Trading of Innovator Growth Accelerated Plus ETF – October

Several institutional investors have recently made changes to their positions in QTOC. IFP Advisors Inc increased its stake in Innovator Growth Accelerated Plus ETF – October by 59.4% in the fourth quarter. IFP Advisors Inc now owns 805 shares of the company’s stock valued at $28,000 after acquiring an additional 300 shares during the period. Kestra Advisory Services LLC bought a new position in Innovator Growth Accelerated Plus ETF – October during the fourth quarter worth about $134,000. OLD Mission Capital LLC bought a new position in Innovator Growth Accelerated Plus ETF – October during the fourth quarter worth about $475,000. Osaic Holdings Inc. boosted its holdings in Innovator Growth Accelerated Plus ETF – October by 3.4% during the second quarter. Osaic Holdings Inc. now owns 15,030 shares of the company’s stock valued at $479,000 after purchasing an additional 500 shares in the last quarter. Finally, World Investment Advisors grew its stake in shares of Innovator Growth Accelerated Plus ETF – October by 29.5% in the 4th 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 Price Performance

Shares of QTOC stock opened at $37.30 on Wednesday. The stock has a market cap of $16.79 million, a P/E ratio of 29.40 and a beta of 0.96. Innovator Growth Accelerated Plus ETF – October has a one year low of $29.72 and a one year high of $37.43. The stock has a fifty day moving average price of $34.63 and a 200 day moving average price of $34.25.

About Innovator Growth Accelerated Plus ETF – October

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.