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

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 647 shares, an increase of 165.2% from the January 29th total of 244 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,884 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 3,884 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Innovator Gradient Tactical Rotation Strategy ETF Stock Performance

IGTR opened at $30.93 on Friday. Innovator Gradient Tactical Rotation Strategy ETF has a one year low of $22.07 and a one year high of $30.94. The company has a market cap of $60.31 million, a P/E ratio of 18.93 and a beta of 0.74. The business’s 50-day simple moving average is $29.15 and its 200-day simple moving average is $27.41.

Innovator Gradient Tactical Rotation Strategy ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were paid a $0.2241 dividend. This represents a yield of 80.0%. The ex-dividend date was Wednesday, December 31st.

Institutional Trading of Innovator Gradient Tactical Rotation Strategy ETF

Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its position in shares of Innovator Gradient Tactical Rotation Strategy ETF by 58.5% in the 4th quarter. Royal Bank of Canada now owns 1,330 shares of the company’s stock valued at $37,000 after buying an additional 491 shares during the last quarter. Bank of America Corp DE acquired a new position in Innovator Gradient Tactical Rotation Strategy ETF in the third quarter valued at $128,000. Accurate Wealth Management LLC purchased a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the third quarter worth about $384,000. Jane Street Group LLC increased its position 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 worth $448,000 after purchasing an additional 4,319 shares in the last quarter. Finally, Susquehanna International Group LLP increased its position in shares of Innovator Gradient Tactical Rotation Strategy ETF by 68.3% during 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 in the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

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.