Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Down 66.3% in February

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 18,080 shares, a decrease of 66.3% from the January 29th total of 53,612 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 104,923 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 104,923 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

NYSEARCA:QFLR traded down $0.04 during mid-day trading on Friday, reaching $34.51. The stock had a trading volume of 117,549 shares, compared to its average volume of 91,522. The company has a market capitalization of $465.89 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a 1-year low of $25.42 and a 1-year high of $35.35. The stock’s 50 day simple moving average is $34.62 and its two-hundred day simple moving average is $33.76.

Institutional Investors Weigh In On Innovator Nasdaq-100 Managed Floor ETF

A number of institutional investors have recently made changes to their positions in QFLR. Northwestern Mutual Wealth Management Co. acquired a new position in Innovator Nasdaq-100 Managed Floor ETF in the third quarter worth $39,000. TD Waterhouse Canada Inc. bought a new stake in shares of Innovator Nasdaq-100 Managed Floor ETF during the 2nd quarter valued at about $44,000. Golden State Wealth Management LLC grew its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 35.5% during the 2nd quarter. Golden State Wealth Management LLC now owns 3,052 shares of the company’s stock valued at $91,000 after buying an additional 800 shares during the last quarter. Advisory Services Network LLC acquired a new stake in Innovator Nasdaq-100 Managed Floor ETF during the third quarter worth about $133,000. Finally, CoreCap Advisors LLC lifted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 340.2% in the third quarter. CoreCap Advisors LLC now owns 4,252 shares of the company’s stock worth $141,000 after acquiring an additional 3,286 shares during the last quarter.

About Innovator Nasdaq-100 Managed Floor ETF

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. QFLR was launched on Jan 25, 2024 and is issued by Innovator.