Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Up 322.7% in December

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 985 shares, an increase of 322.7% from the November 30th total of 233 shares. Based on an average daily volume of 4,734 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,734 shares, the short-interest ratio is presently 0.2 days.

Innovator Gradient Tactical Rotation Strategy ETF Stock Up 0.3%

Shares of IGTR stock opened at $28.45 on Thursday. Innovator Gradient Tactical Rotation Strategy ETF has a 52 week low of $22.07 and a 52 week high of $28.47. The firm has a 50 day moving average of $27.24 and a 200-day moving average of $25.85. The company has a market cap of $59.75 million, a price-to-earnings ratio of 18.93 and a beta of 0.74.

Hedge Funds Weigh In On Innovator Gradient Tactical Rotation Strategy ETF

Institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP grew its position 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 valued at $2,602,000 after purchasing an additional 39,972 shares during the period. Accurate Wealth Management LLC bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF in the third quarter valued at $384,000. Bank of America Corp DE acquired a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the third quarter valued at about $128,000. Finally, Jane Street Group LLC grew its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF by 31.2% during the second quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock valued at $448,000 after buying an additional 4,319 shares during the last quarter.

About Innovator Gradient Tactical Rotation Strategy ETF

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.