Short Interest in Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Expands By 158.3%

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 21,505 shares, a growth of 158.3% from the February 26th total of 8,324 shares. Based on an average trading volume of 84,378 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Claro Advisors LLC boosted its position in Innovator Nasdaq-100 Managed Floor ETF by 1.5% in the 3rd quarter. Claro Advisors LLC now owns 23,009 shares of the company’s stock valued at $763,000 after buying an additional 330 shares during the last quarter. 4J Wealth Management LLC increased its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 1.6% during the fourth quarter. 4J Wealth Management LLC now owns 21,910 shares of the company’s stock worth $751,000 after acquiring an additional 355 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,476 shares of the company’s stock worth $462,000 after acquiring an additional 393 shares in the last quarter. Capital Investment Advisory Services LLC lifted its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 6.3% in the fourth quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock worth $228,000 after acquiring an additional 396 shares in the last quarter. Finally, Navis Wealth Advisors LLC boosted its holdings in Innovator Nasdaq-100 Managed Floor ETF by 3.2% in the third quarter. Navis Wealth Advisors LLC now owns 15,357 shares of the company’s stock valued at $509,000 after purchasing an additional 469 shares during the last quarter.

Innovator Nasdaq-100 Managed Floor ETF Stock Down 1.5%

Shares of QFLR traded down $0.52 during mid-day trading on Thursday, reaching $33.24. 38,664 shares of the stock traded hands, compared to its average volume of 88,451. The stock has a fifty day simple moving average of $34.42 and a 200 day simple moving average of $34.05. Innovator Nasdaq-100 Managed Floor ETF has a 12-month low of $25.42 and a 12-month high of $35.35. The firm has a market cap of $448.74 million, a price-to-earnings ratio of 32.95 and a beta of 0.76.

Innovator Nasdaq-100 Managed Floor ETF Company Profile

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.