Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Short Interest Up 295.8% in June

Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,380 shares, a growth of 295.8% from the May 31st total of 6,159 shares. Based on an average daily volume of 5,166 shares, the days-to-cover ratio is presently 4.7 days. Currently, 3.3% of the shares of the stock are short sold.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Welch Financial Planning LLC acquired a new position in Innovator Growth Accelerated Plus ETF – April during the 4th quarter valued at about $221,000. Kestra Advisory Services LLC bought a new stake in shares of Innovator Growth Accelerated Plus ETF – April during the first quarter worth approximately $939,000. Focus Financial Network Inc. raised its stake in shares of Innovator Growth Accelerated Plus ETF – April by 15.7% during the fourth quarter. Focus Financial Network Inc. now owns 23,097 shares of the company’s stock worth $1,035,000 after buying an additional 3,141 shares during the last quarter. Susquehanna International Group LLP lifted its holdings in Innovator Growth Accelerated Plus ETF – April by 416.5% in the third quarter. Susquehanna International Group LLP now owns 28,934 shares of the company’s stock valued at $1,265,000 after buying an additional 23,332 shares during the period. Finally, Citadel Advisors LLC lifted its holdings in Innovator Growth Accelerated Plus ETF – April by 326.2% in the third quarter. Citadel Advisors LLC now owns 35,284 shares of the company’s stock valued at $1,543,000 after buying an additional 27,006 shares during the period.

Innovator Growth Accelerated Plus ETF – April Price Performance

Shares of Innovator Growth Accelerated Plus ETF – April stock opened at $50.61 on Friday. The firm has a 50 day simple moving average of $50.53 and a 200 day simple moving average of $47.15. Innovator Growth Accelerated Plus ETF – April has a fifty-two week low of $41.74 and a fifty-two week high of $51.46. The firm has a market cap of $37.96 million, a P/E ratio of 31.73 and a beta of 0.94.

About Innovator Growth Accelerated Plus ETF – April

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.