Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) Short Interest Down 27.8% in September

Key Points

• Short interest in the Innovator Nasdaq-100 10 Buffer ETF (NASDAQ: QBUF) declined by 27.8% in September, decreasing from 10,800 shares to 7,800 shares.
• The ETF's stock is currently priced at $28.83 and has experienced a 1-year trading range between a low of $24.36 and a high of $28.87.
• Recent activity shows growing interest from institutional investors, with notable increases in stakes by firms such as Raymond James Financial Inc., which increased its position by 47% in the second quarter.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - ) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 7,800 shares, a decline of 27.8% from the August 31st total of 10,800 shares. Based on an average daily trading volume, of 60,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 60,300 shares, the days-to-cover ratio is presently 0.1 days.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Price Performance

Shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly stock opened at $28.83 on Tuesday. Innovator Nasdaq-100 10 Buffer ETF - Quarterly has a 1-year low of $24.36 and a 1-year high of $28.87. The company has a market capitalization of $158.57 million and a PE ratio of 30.14. The business has a 50-day moving average of $28.34 and a 200-day moving average of $27.46.

Institutional Investors Weigh In On Innovator Nasdaq-100 10 Buffer ETF - Quarterly

A number of hedge funds have recently bought and sold shares of the business. SMART Wealth LLC purchased a new stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the 1st quarter worth approximately $11,892,000. Central Valley Advisors LLC grew its position in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 2.5% during the second quarter. Central Valley Advisors LLC now owns 392,978 shares of the company's stock worth $10,827,000 after buying an additional 9,495 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 47.0% in the second quarter. Raymond James Financial Inc. now owns 325,852 shares of the company's stock worth $8,977,000 after buying an additional 104,113 shares during the last quarter. Mutual Advisors LLC increased its stake in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 9.8% in the second quarter. Mutual Advisors LLC now owns 310,177 shares of the company's stock worth $8,685,000 after buying an additional 27,665 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF - Quarterly in the first quarter valued at $4,409,000.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Company Profile

The Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the QQQ ETF, up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months QBUF was launched on Jun 30, 2024 and is issued by Innovator.

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