Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Sees Large Decrease in Short Interest

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 148 shares, a drop of 85.0% from the December 15th total of 985 shares. Based on an average daily volume of 6,595 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 6,595 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Innovator Gradient Tactical Rotation Strategy ETF

A number of institutional investors have recently bought and sold shares of IGTR. Bank of America Corp DE acquired a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF in the 3rd quarter valued at $128,000. Accurate Wealth Management LLC bought a new stake in Innovator Gradient Tactical Rotation Strategy ETF in the third quarter valued at about $384,000. Jane Street Group LLC lifted its stake in Innovator Gradient Tactical Rotation Strategy ETF by 31.2% in the second quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock valued at $448,000 after buying an additional 4,319 shares during the period. Finally, Susquehanna International Group LLP boosted its holdings in 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 buying an additional 39,972 shares during the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Trading Up 0.7%

NYSEARCA IGTR traded up $0.19 during trading hours on Monday, reaching $28.75. 2,776 shares of the company’s stock were exchanged, compared to its average volume of 2,468. The stock has a market cap of $58.94 million, a PE ratio of 18.93 and a beta of 0.74. The firm has a fifty day moving average of $27.53 and a 200-day moving average of $26.28. Innovator Gradient Tactical Rotation Strategy ETF has a one year low of $22.07 and a one year high of $28.75.

Innovator Gradient Tactical Rotation Strategy ETF Dividend Announcement

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

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.