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

Innovator Growth Accelerated Plus ETF – October (BATS:QTOC) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,070 shares, a decline of 66.0% from the May 14th total of 6,093 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 6,822 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Innovator Growth Accelerated Plus ETF – October

Several large investors have recently bought and sold shares of QTOC. IFP Advisors Inc increased its holdings in Innovator Growth Accelerated Plus ETF – October by 59.4% during the 4th quarter. IFP Advisors Inc now owns 805 shares of the company’s stock worth $28,000 after purchasing an additional 300 shares during the period. Kestra Advisory Services LLC purchased a new stake in Innovator Growth Accelerated Plus ETF – October during the 4th quarter worth about $134,000. OLD Mission Capital LLC purchased a new stake in Innovator Growth Accelerated Plus ETF – October during the 4th quarter worth about $475,000. Osaic Holdings Inc. increased its holdings in Innovator Growth Accelerated Plus ETF – October by 3.4% during the 2nd quarter. Osaic Holdings Inc. now owns 15,030 shares of the company’s stock worth $479,000 after purchasing an additional 500 shares during the period. Finally, World Investment Advisors boosted its position in shares of Innovator Growth Accelerated Plus ETF – October by 29.5% during the 4th quarter. World Investment Advisors now owns 15,805 shares of the company’s stock worth $540,000 after acquiring an additional 3,605 shares in the last quarter.

Innovator Growth Accelerated Plus ETF – October Price Performance

Shares of BATS QTOC opened at $37.03 on Thursday. The stock’s 50-day moving average is $36.36 and its two-hundred day moving average is $34.83. Innovator Growth Accelerated Plus ETF – October has a 1-year low of $30.81 and a 1-year high of $37.98. The company has a market cap of $16.66 million, a price-to-earnings ratio of 29.40 and a beta of 0.96.

About Innovator Growth Accelerated Plus ETF – October

The Innovator Growth Accelerated Plus ETF – October (QTOC) is an exchange-traded fund that is based on the Invesco QQQ Trust index. 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. QTOC was launched on Oct 1, 2021 and is managed by Innovator.