Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Update

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 34,083 shares, an increase of 763.3% from the May 14th total of 3,948 shares. Based on an average daily volume of 53,032 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Innovator Nasdaq-100 Managed Floor ETF Trading Up 2.4%

NYSEARCA:QFLR traded up $0.85 during trading hours on Thursday, reaching $35.59. The company had a trading volume of 36,308 shares, compared to its average volume of 89,417. Innovator Nasdaq-100 Managed Floor ETF has a 52 week low of $28.91 and a 52 week high of $36.95. The firm has a market cap of $510.72 million, a price-to-earnings ratio of 32.95 and a beta of 0.72. The firm’s 50 day moving average price is $35.25 and its 200-day moving average price is $34.69.

Institutional Investors Weigh In On Innovator Nasdaq-100 Managed Floor ETF

Hedge funds have recently modified their holdings of the business. CCG Wealth Management LLC bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter valued at $1,000,000. Farther Finance Advisors LLC grew its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 17.7% during the 4th quarter. Farther Finance Advisors LLC now owns 167,317 shares of the company’s stock valued at $5,736,000 after acquiring an additional 25,165 shares during the period. Advisor Resource Council bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 3rd quarter valued at $492,000. Liberty Atlantic Advisors LLC bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter valued at $13,093,000. Finally, IMG Wealth Management Inc. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 4th quarter valued at $789,000.

About Innovator Nasdaq-100 Managed Floor ETF

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. QFLR was launched on Jan 25, 2024 and is issued by Innovator.