Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Short Interest Update

Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 9,706 shares, a drop of 60.2% from the June 15th total of 24,380 shares. Based on an average daily volume of 3,342 shares, the days-to-cover ratio is presently 2.9 days. Currently, 1.3% of the shares of the company are short sold.

Innovator Growth Accelerated Plus ETF – April Stock Performance

Innovator Growth Accelerated Plus ETF – April stock opened at $51.22 on Wednesday. The company has a market capitalization of $38.41 million, a P/E ratio of 31.73 and a beta of 0.94. Innovator Growth Accelerated Plus ETF – April has a fifty-two week low of $42.07 and a fifty-two week high of $51.46. The stock has a 50-day simple moving average of $50.92 and a 200-day simple moving average of $47.71.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QTAP. Welch Financial Planning LLC acquired a new stake in shares of Innovator Growth Accelerated Plus ETF – April in the fourth quarter valued at approximately $221,000. Kestra Advisory Services LLC purchased a new stake in Innovator Growth Accelerated Plus ETF – April in the 1st quarter valued at $939,000. Focus Financial Network Inc. raised its position in Innovator Growth Accelerated Plus ETF – April by 15.7% in the 4th quarter. Focus Financial Network Inc. now owns 23,097 shares of the company’s stock valued at $1,035,000 after purchasing an additional 3,141 shares during the last quarter. Susquehanna International Group LLP boosted its stake in Innovator Growth Accelerated Plus ETF – April by 416.5% during the 3rd quarter. Susquehanna International Group LLP now owns 28,934 shares of the company’s stock worth $1,265,000 after purchasing an additional 23,332 shares during the period. Finally, Citadel Advisors LLC boosted its stake in Innovator Growth Accelerated Plus ETF – April by 326.2% during the 3rd quarter. Citadel Advisors LLC now owns 35,284 shares of the company’s stock worth $1,543,000 after purchasing an additional 27,006 shares during the period.

Innovator Growth Accelerated Plus ETF – April Company Profile

The Innovator Growth-100 Accelerated Plus ETF – April (QTAP) 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. QTAP was launched on Apr 1, 2021 and is managed by Innovator.