Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) Sees Large Drop in Short Interest

Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 4,848 shares, a decrease of 39.6% from the September 30th total of 8,027 shares. Based on an average daily trading volume, of 31,324 shares, the short-interest ratio is presently 0.2 days. Currently, 0.8% of the shares of the company are sold short.

Innovator Growth Accelerated Plus ETF – January Stock Performance

Shares of QTJA opened at $33.88 on Monday. Innovator Growth Accelerated Plus ETF – January has a 12 month low of $27.34 and a 12 month high of $34.63. The stock’s 50 day moving average is $34.15 and its two-hundred day moving average is $32.01. The firm has a market cap of $21.18 million, a P/E ratio of 30.31 and a beta of 0.95.

Hedge Funds Weigh In On Innovator Growth Accelerated Plus ETF – January

Several hedge funds and other institutional investors have recently modified their holdings of QTJA. Bullseye Investment Management LLC acquired a new position in shares of Innovator Growth Accelerated Plus ETF – January during the 2nd quarter worth approximately $26,000. Kestra Advisory Services LLC grew its position in shares of Innovator Growth Accelerated Plus ETF – January by 189.0% in the first quarter. Kestra Advisory Services LLC now owns 13,661 shares of the company’s stock valued at $388,000 after purchasing an additional 8,934 shares in the last quarter. Finally, World Investment Advisors grew its position in shares of Innovator Growth Accelerated Plus ETF – January by 9.6% in the first quarter. World Investment Advisors now owns 8,910 shares of the company’s stock valued at $253,000 after purchasing an additional 780 shares in the last quarter.

Innovator Growth Accelerated Plus ETF – January Company Profile

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.