Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) Sees Large Growth in Short Interest

Innovator Growth Accelerated Plus ETF – January (BATS:QTJA) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 18,882 shares, an increase of 197.4% from the April 15th total of 6,349 shares. Based on an average trading volume of 3,143 shares, the short-interest ratio is presently 6.0 days. Currently, 3.0% of the company’s stock are short sold.

Innovator Growth Accelerated Plus ETF – January Stock Performance

Shares of BATS QTJA opened at $32.48 on Thursday. The business has a 50 day simple moving average of $30.12 and a 200 day simple moving average of $29.81. Innovator Growth Accelerated Plus ETF – January has a 52 week low of $25.41 and a 52 week high of $32.56. The stock has a market cap of $20.30 million, a price-to-earnings ratio of 30.31 and a beta of 0.95.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC lifted its stake in shares of Innovator Growth Accelerated Plus ETF – January by 1.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 26,317 shares of the company’s stock worth $785,000 after buying an additional 475 shares during the last quarter. Brookwood Investment Group LLC increased its position in Innovator Growth Accelerated Plus ETF – January by 2.8% during the fourth quarter. Brookwood Investment Group LLC now owns 17,479 shares of the company’s stock worth $521,000 after acquiring an additional 478 shares during the period. World Investment Advisors raised its stake in Innovator Growth Accelerated Plus ETF – January by 9.6% during the 1st quarter. World Investment Advisors now owns 8,910 shares of the company’s stock valued at $253,000 after purchasing an additional 780 shares during the last quarter. Allworth Financial LP raised its stake in Innovator Growth Accelerated Plus ETF – January by 26.3% during the 4th quarter. Allworth Financial LP now owns 4,826 shares of the company’s stock valued at $144,000 after purchasing an additional 1,006 shares during the last quarter. Finally, Bank of America Corp DE acquired a new stake in Innovator Growth Accelerated Plus ETF – January in the 2nd quarter worth $82,000.

Innovator Growth Accelerated Plus ETF – January Company Profile

The Innovator Growth Accelerated Plus ETF – January (QTJA) is an exchange-traded fund that mostly invests in large cap equity. 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. QTJA was launched on Jan 1, 2022 and is managed by Innovator.