Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Down 35.0% in May

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 31,200 shares, a decline of 35.0% from the May 15th total of 48,000 shares. Based on an average daily trading volume, of 94,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Innovator Nasdaq-100 Managed Floor ETF Stock Performance

Shares of Innovator Nasdaq-100 Managed Floor ETF stock opened at $29.31 on Tuesday. Innovator Nasdaq-100 Managed Floor ETF has a 1 year low of $25.42 and a 1 year high of $31.00. The firm’s 50-day simple moving average is $27.93 and its 200-day simple moving average is $28.53. The firm has a market cap of $300.43 million, a PE ratio of 30.82 and a beta of 1.00.

Innovator Nasdaq-100 Managed Floor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 31st were paid a dividend of $0.0079 per share. The ex-dividend date of this dividend was Monday, March 31st.

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

A number of institutional investors have recently made changes to their positions in the company. Commonwealth Equity Services LLC grew its holdings in Innovator Nasdaq-100 Managed Floor ETF by 161.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,189,172 shares of the company’s stock worth $32,120,000 after buying an additional 734,970 shares in the last quarter. LPL Financial LLC lifted its stake in Innovator Nasdaq-100 Managed Floor ETF by 890.0% in the 4th quarter. LPL Financial LLC now owns 730,156 shares of the company’s stock worth $21,350,000 after acquiring an additional 656,404 shares in the last quarter. HFG Wealth Management LLC acquired a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the first quarter worth approximately $11,241,000. WCG Wealth Advisors LLC acquired a new position in shares of Innovator Nasdaq-100 Managed Floor ETF in the fourth quarter worth $4,676,000. Finally, Authentikos Wealth Advisory LLC acquired a new position in Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter worth about $2,928,000.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

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.