Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Up 52.4% in December

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 84,681 shares, an increase of 52.4% from the November 30th total of 55,560 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 71,723 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 71,723 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.8% of the shares of the company are sold short.

Hedge Funds Weigh In On Innovator Nasdaq-100 Managed Floor ETF

Institutional investors have recently bought and sold shares of the business. Simplicity Wealth LLC boosted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 1,286.6% in the 2nd quarter. Simplicity Wealth LLC now owns 431,012 shares of the company’s stock valued at $12,861,000 after acquiring an additional 399,927 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in Innovator Nasdaq-100 Managed Floor ETF during the second quarter valued at $6,699,000. Farther Finance Advisors LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 168.3% in the third quarter. Farther Finance Advisors LLC now owns 142,152 shares of the company’s stock valued at $4,712,000 after purchasing an additional 89,177 shares during the last quarter. Winnow Wealth LLC purchased a new stake in Innovator Nasdaq-100 Managed Floor ETF in the third quarter valued at $2,544,000. Finally, Thrivent Financial for Lutherans acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter worth about $2,045,000.

Innovator Nasdaq-100 Managed Floor ETF Stock Down 0.4%

Shares of NYSEARCA:QFLR traded down $0.14 during trading on Monday, hitting $34.39. The stock had a trading volume of 8,429 shares, compared to its average volume of 73,647. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $25.42 and a 12-month high of $35.30. The stock has a market capitalization of $383.45 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. The stock has a 50-day simple moving average of $34.14 and a two-hundred day simple moving average of $32.40.

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.