Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Sees Large Decrease in Short Interest

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 4 shares, a decline of 86.7% from the December 15th total of 30 shares. Based on an average trading volume of 326 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 326 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Innovator Hedged Nasdaq-100 ETF

A hedge fund recently raised its stake in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP boosted its holdings in Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% in 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 acquiring an additional 15,626 shares during the quarter. Susquehanna International Group LLP owned about 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 Stock Up 0.1%

Shares of NASDAQ:QHDG opened at $30.24 on Tuesday. Innovator Hedged Nasdaq-100 ETF has a 52 week low of $23.34 and a 52 week high of $30.28. The company has a 50-day moving average price of $29.81 and a 200 day moving average price of $28.92. The company has a market cap of $3.02 million, a P/E ratio of 32.27 and a beta of 0.64.

About Innovator Hedged Nasdaq-100 ETF

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.