Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Update

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 423 shares, an increase of 25.5% from the March 31st total of 337 shares. Based on an average daily volume of 4,868 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IGTR. Royal Bank of Canada raised its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 58.5% in the fourth quarter. Royal Bank of Canada now owns 1,330 shares of the company’s stock worth $37,000 after purchasing an additional 491 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF in the third quarter worth about $128,000. Accurate Wealth Management LLC purchased a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF in the third quarter worth about $384,000. Jane Street Group LLC raised its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 31.2% in the second quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock worth $448,000 after purchasing an additional 4,319 shares during the last quarter. Finally, Susquehanna International Group LLP raised its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 68.3% in the third quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock worth $2,602,000 after purchasing an additional 39,972 shares during the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Stock Down 0.3%

Shares of NYSEARCA:IGTR traded down $0.08 during trading on Friday, hitting $30.46. The stock had a trading volume of 2,158 shares, compared to its average volume of 4,880. Innovator Gradient Tactical Rotation Strategy ETF has a 12-month low of $23.39 and a 12-month high of $30.99. The stock has a market capitalization of $54.83 million, a price-to-earnings ratio of 18.93 and a beta of 0.75. The stock has a 50-day simple moving average of $29.44 and a two-hundred day simple moving average of $28.51.

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.