Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Update

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totaling 423 shares, a growth of 25.5% from the March 31st total of 337 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,868 shares, the days-to-cover ratio is presently 0.1 days.

Innovator Gradient Tactical Rotation Strategy ETF Price Performance

Shares of NYSEARCA IGTR traded down $0.08 during mid-day trading on Friday, hitting $30.46. 2,158 shares of the company’s stock traded hands, compared to its average volume of 4,880. The company’s 50-day moving average is $29.44 and its two-hundred day moving average is $28.51. The company has a market capitalization of $54.83 million, a P/E ratio of 18.93 and a beta of 0.76. Innovator Gradient Tactical Rotation Strategy ETF has a 1 year low of $23.39 and a 1 year high of $30.99.

Institutional Trading of Innovator Gradient Tactical Rotation Strategy ETF

Several hedge funds have recently made changes to their positions in the business. Susquehanna International Group LLP raised its position in shares of Innovator Gradient Tactical Rotation Strategy ETF by 68.3% during the 3rd quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock valued at $2,602,000 after buying an additional 39,972 shares in the last quarter. Jane Street Group LLC raised its position in shares of Innovator Gradient Tactical Rotation Strategy ETF by 445.5% during the 4th quarter. Jane Street Group LLC now owns 95,691 shares of the company’s stock valued at $2,685,000 after buying an additional 78,150 shares in the last quarter. Accurate Wealth Management LLC purchased a new stake in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter valued at about $384,000. Bank of America Corp DE purchased a new stake in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter valued at about $128,000. Finally, Royal Bank of Canada raised its position in shares of Innovator Gradient Tactical Rotation Strategy ETF by 58.5% during the 4th quarter. Royal Bank of Canada now owns 1,330 shares of the company’s stock valued at $37,000 after buying an additional 491 shares in the last quarter.

About Innovator Gradient Tactical Rotation Strategy ETF

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum. IGTR was launched on Nov 17, 2022 and is managed by Innovator.