Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Short Interest Update

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 1,355 shares, a growth of 21.5% from the March 31st total of 1,115 shares. Based on an average trading volume of 239 shares, the short-interest ratio is presently 5.7 days. Currently, 1.4% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP grew its holdings in shares of Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,822 shares of the company’s stock after buying an additional 15,626 shares during the quarter. Susquehanna International Group LLP owned 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 at the end of the most recent reporting period.

Innovator Hedged Nasdaq-100 ETF Price Performance

Shares of NASDAQ:QHDG traded up $0.00 during trading on Friday, reaching $29.85. 55 shares of the stock were exchanged, compared to its average volume of 419. Innovator Hedged Nasdaq-100 ETF has a 1-year low of $25.74 and a 1-year high of $30.44. The stock has a fifty day moving average of $29.26 and a two-hundred day moving average of $29.62. The firm has a market cap of $2.99 million, a price-to-earnings ratio of 32.27 and a beta of 0.72.

About Innovator Hedged Nasdaq-100 ETF

The Innovator Hedged Nasdaq-100 ETF (QHDG) is an exchange-traded fund that mostly invests in large cap equity. The fund provides a perpetual, partial downside hedge to stock exposure similar to the Nasdaq-100 Index. The funds objective is to provide some upside potential with lower volatility QHDG was launched on Aug 20, 2024 and is issued by Innovator.