Short Interest in Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) Expands By 185.8%

Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 5,917 shares, a growth of 185.8% from the May 31st total of 2,070 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily volume of 4,160 shares, the days-to-cover ratio is currently 1.4 days.

Innovator Growth Accelerated Plus ETF – October Stock Up 0.8%

Shares of QTOC opened at $37.78 on Tuesday. Innovator Growth Accelerated Plus ETF – October has a fifty-two week low of $31.40 and a fifty-two week high of $38.04. The company has a market cap of $17.00 million, a P/E ratio of 29.40 and a beta of 0.96. The firm’s 50 day moving average price is $37.28 and its 200 day moving average price is $35.19.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP acquired a new stake in Innovator Growth Accelerated Plus ETF – October in the 3rd quarter valued at about $1,051,000. Andina Capital Management LLC grew its position in shares of Innovator Growth Accelerated Plus ETF – October by 1.2% during the fourth quarter. Andina Capital Management LLC now owns 28,905 shares of the company’s stock worth $988,000 after buying an additional 350 shares in the last quarter. Welch Financial Planning LLC increased its stake in shares of Innovator Growth Accelerated Plus ETF – October by 5.5% during the first quarter. Welch Financial Planning LLC now owns 20,034 shares of the company’s stock worth $664,000 after buying an additional 1,048 shares during the period. Commonwealth Equity Services LLC raised its holdings in Innovator Growth Accelerated Plus ETF – October by 12.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 17,412 shares of the company’s stock valued at $595,000 after acquiring an additional 1,930 shares in the last quarter. Finally, Brookwood Investment Group LLC raised its holdings in Innovator Growth Accelerated Plus ETF – October by 3.1% in the fourth quarter. Brookwood Investment Group LLC now owns 16,229 shares of the company’s stock valued at $555,000 after acquiring an additional 491 shares in the last quarter.

Innovator Growth Accelerated Plus ETF – October Company Profile

The Innovator Growth Accelerated Plus ETF – October (QTOC) 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. QTOC was launched on Oct 1, 2021 and is managed by Innovator.