Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Up 165.2% in February

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 647 shares, an increase of 165.2% from the January 29th total of 244 shares. Based on an average daily volume of 3,884 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,884 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Innovator Gradient Tactical Rotation Strategy ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP boosted its stake in Innovator Gradient Tactical Rotation Strategy ETF by 68.3% in the 3rd quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock worth $2,602,000 after purchasing an additional 39,972 shares during the period. Jane Street Group LLC lifted its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF by 445.5% in the fourth quarter. Jane Street Group LLC now owns 95,691 shares of the company’s stock valued at $2,685,000 after purchasing an additional 78,150 shares in the last quarter. Accurate Wealth Management LLC acquired a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the third quarter worth about $384,000. Bank of America Corp DE bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the third quarter worth about $128,000. Finally, Royal Bank of Canada grew its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF by 58.5% during the fourth quarter. Royal Bank of Canada now owns 1,330 shares of the company’s stock worth $37,000 after buying an additional 491 shares in the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Stock Performance

NYSEARCA:IGTR opened at $30.93 on Friday. The firm’s 50-day moving average is $29.21 and its 200-day moving average is $27.47. Innovator Gradient Tactical Rotation Strategy ETF has a 52-week low of $22.07 and a 52-week high of $30.98. The company has a market cap of $60.31 million, a price-to-earnings ratio of 18.93 and a beta of 0.74.

Innovator Gradient Tactical Rotation Strategy ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a dividend of $0.2241 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 80.0%.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum. IGTR was launched on Nov 17, 2022 and is managed by Innovator.