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

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 39,685 shares, an increase of 3,982.8% from the March 31st total of 972 shares. Based on an average daily trading volume, of 149,352 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the shares of the stock are short sold.

Innovator Nasdaq-100 Managed Floor ETF Stock Up 0.9%

Innovator Nasdaq-100 Managed Floor ETF stock opened at $34.92 on Friday. The company’s 50-day moving average price is $34.16 and its 200-day moving average price is $34.24. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $27.23 and a twelve month high of $35.35. The company has a market cap of $499.36 million, a PE ratio of 32.95 and a beta of 0.78.

Institutional Trading of Innovator Nasdaq-100 Managed Floor ETF

A number of large investors have recently made changes to their positions in QFLR. Goldman Sachs Group Inc. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF in the 1st quarter worth about $504,000. Jane Street Group LLC increased its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 94.1% in the 1st quarter. Jane Street Group LLC now owns 69,927 shares of the company’s stock worth $1,889,000 after buying an additional 33,897 shares during the last quarter. IHT Wealth Management LLC increased its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 18.0% in the 2nd quarter. IHT Wealth Management LLC now owns 111,833 shares of the company’s stock worth $3,337,000 after buying an additional 17,039 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 168.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 142,152 shares of the company’s stock worth $4,712,000 after buying an additional 89,177 shares during the last quarter. Finally, Brookstone Capital Management increased its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 14.3% in the 3rd quarter. Brookstone Capital Management now owns 17,403 shares of the company’s stock worth $577,000 after buying an additional 2,178 shares during the last quarter.

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.