Short Interest in Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) Rises By 295.8%

Innovator Growth Accelerated Plus ETF – April (BATS:QTAP) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 24,380 shares, a growth of 295.8% from the May 31st total of 6,159 shares. Based on an average daily volume of 5,166 shares, the days-to-cover ratio is currently 4.7 days. Approximately 3.3% of the company’s stock are short sold.

Innovator Growth Accelerated Plus ETF – April Stock Performance

BATS:QTAP opened at $50.61 on Monday. The firm has a market cap of $37.96 million, a P/E ratio of 31.73 and a beta of 0.94. Innovator Growth Accelerated Plus ETF – April has a fifty-two week low of $41.74 and a fifty-two week high of $51.46. The firm has a 50-day simple moving average of $50.53 and a two-hundred day simple moving average of $47.16.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new position in Innovator Growth Accelerated Plus ETF – April in the 1st quarter worth approximately $939,000. Commonwealth Equity Services LLC boosted its stake in Innovator Growth Accelerated Plus ETF – April by 106.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 91,917 shares of the company’s stock valued at $4,117,000 after purchasing an additional 47,333 shares during the last quarter. Lido Advisors LLC purchased a new stake in Innovator Growth Accelerated Plus ETF – April during the 4th quarter valued at $2,493,000. Goldman Sachs Group Inc. bought a new stake in shares of Innovator Growth Accelerated Plus ETF – April in the 4th quarter worth $1,824,000. Finally, Welch Financial Planning LLC bought a new stake in shares of Innovator Growth Accelerated Plus ETF – April in the 4th quarter worth $221,000.

About Innovator Growth Accelerated Plus ETF – April

The Innovator Growth-100 Accelerated Plus ETF – April (QTAP) 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. QTAP was launched on Apr 1, 2021 and is managed by Innovator.