Short Interest in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Declines By 66.3%

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 18,080 shares, a decrease of 66.3% from the January 29th total of 53,612 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 104,923 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 104,923 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Innovator Nasdaq-100 Managed Floor ETF

A number of hedge funds have recently made changes to their positions in the company. ATX Financial Planning LLC bought a new stake in Innovator Nasdaq-100 Managed Floor ETF during the fourth quarter valued at $11,918,000. OLD Mission Capital LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the 4th quarter worth approximately $226,000. Claro Advisors Inc. lifted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 5.6% in the fourth quarter. Claro Advisors Inc. now owns 24,309 shares of the company’s stock worth $833,000 after buying an additional 1,300 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 14.8% in the fourth quarter. Cetera Investment Advisers now owns 260,989 shares of the company’s stock worth $8,947,000 after acquiring an additional 33,623 shares during the last quarter. Finally, Equitable Holdings Inc. raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 14.7% in the fourth quarter. Equitable Holdings Inc. now owns 16,363 shares of the company’s stock valued at $561,000 after purchasing an additional 2,096 shares in the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Trading Down 0.9%

QFLR stock traded down $0.30 during trading on Thursday, hitting $34.55. 125,315 shares of the company’s stock were exchanged, compared to its average volume of 90,726. The stock has a market capitalization of $466.43 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a 52-week low of $25.42 and a 52-week high of $35.35. The business has a 50-day moving average price of $34.60 and a two-hundred day moving average price of $33.72.

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. QFLR was launched on Jan 25, 2024 and is issued by Innovator.