Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Short Interest Down 45.5% in June

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 613 shares, a drop of 45.5% from the June 15th total of 1,125 shares. Based on an average daily volume of 2,724 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP raised its stake in Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,822 shares of the company’s stock after buying an additional 15,626 shares during the period. Susquehanna International Group LLP owned approximately 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 as of its most recent filing with the SEC.

Innovator Hedged Nasdaq-100 ETF Price Performance

Shares of NASDAQ QHDG remained flat at $30.24 during midday trading on Thursday. The stock’s 50 day moving average is $30.16 and its two-hundred day moving average is $29.79. Innovator Hedged Nasdaq-100 ETF has a one year low of $27.27 and a one year high of $30.44. The company has a market capitalization of $2.42 million, a PE ratio of 32.27 and a beta of 0.07.

Innovator Hedged Nasdaq-100 ETF Company Profile

The Innovator Hedged Nasdaq-100 ETF (QHDG) is an exchange-traded fund that mostly invests in large cap equity. The fund provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility QHDG was launched on Aug 20, 2024 and is issued by Innovator.