Short Interest in Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) Increases By 197.4%

Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 18,882 shares, a growth of 197.4% from the April 15th total of 6,349 shares. Based on an average daily trading volume, of 3,143 shares, the days-to-cover ratio is presently 6.0 days. Currently, 3.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of QTJA. Bank of America Corp DE bought a new position in shares of Innovator Growth Accelerated Plus ETF – January during the second quarter valued at about $82,000. Susquehanna International Group LLP bought a new position in shares of Innovator Growth Accelerated Plus ETF – January during the third quarter valued at about $410,000. Brookwood Investment Group LLC grew its stake in shares of Innovator Growth Accelerated Plus ETF – January by 2.8% during the fourth quarter. Brookwood Investment Group LLC now owns 17,479 shares of the company’s stock valued at $521,000 after buying an additional 478 shares during the last quarter. Allworth Financial LP grew its stake in shares of Innovator Growth Accelerated Plus ETF – January by 26.3% during the fourth quarter. Allworth Financial LP now owns 4,826 shares of the company’s stock valued at $144,000 after buying an additional 1,006 shares during the last quarter. Finally, Foundations Investment Advisors LLC bought a new position in shares of Innovator Growth Accelerated Plus ETF – January during the fourth quarter valued at about $300,000.

Innovator Growth Accelerated Plus ETF – January Trading Up 0.4%

Shares of BATS:QTJA opened at $32.60 on Friday. The stock’s 50-day moving average price is $30.19 and its 200-day moving average price is $29.83. Innovator Growth Accelerated Plus ETF – January has a 12-month low of $25.41 and a 12-month high of $32.62. The stock has a market capitalization of $20.38 million, a P/E ratio of 30.31 and a beta of 0.95.

About Innovator Growth Accelerated Plus ETF – January

The Innovator Growth Accelerated Plus ETF – January (QTJA) is an exchange-traded fund that mostly invests in large cap equity. 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. QTJA was launched on Jan 1, 2022 and is managed by Innovator.