Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) Short Interest Down 44.6% in August

Key Points

• QBUF short interest fell 44.6% in August to 20,400 shares from 36,828 shares, representing about 0.4% of shares outstanding and a short-interest ratio of 1.1 days.
• QBUF shares recently traded at $30.74, near their 50-day and 200-day moving averages, with a one-year trading range of $28.06 to $31.13.
• Several institutional investors increased or initiated positions in QBUF, including Centaurus Financial, which raised its stake by 14.4% to 144,611 shares.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - ) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 20,400 shares, a decrease of 44.6% from the July 30th total of 36,828 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 19,242 shares, the short-interest ratio is presently 1.1 days.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Stock Performance

Shares of QBUF stock traded down $0.09 during trading hours on Friday, reaching $30.74. The company had a trading volume of 19,284 shares, compared to its average volume of 41,413. The business has a fifty day moving average price of $30.57 and a 200-day moving average price of $30.17. Innovator Nasdaq-100 10 Buffer ETF - Quarterly has a one year low of $28.06 and a one year high of $31.13. The firm has a market cap of $166.00 million, a PE ratio of 30.14 and a beta of 0.28.

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

A number of large investors have recently added to or reduced their stakes in QBUF. Yarger Wealth Strategies LLC bought a new position in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the 2nd quarter valued at $202,000. Triumph Capital Management lifted its holdings in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 4.7% in the second quarter. Triumph Capital Management now owns 23,057 shares of the company's stock valued at $709,000 after acquiring an additional 1,044 shares during the period. First Heartland Consultants Inc. purchased a new position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly in the second quarter worth about $201,000. MTM Financial Group LLC boosted its position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 10.2% in the first quarter. MTM Financial Group LLC now owns 13,236 shares of the company's stock worth $387,000 after purchasing an additional 1,220 shares during the last quarter. Finally, Centaurus Financial Inc. grew its stake in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 14.4% during the 1st quarter. Centaurus Financial Inc. now owns 144,611 shares of the company's stock valued at $4,224,000 after purchasing an additional 18,253 shares during the period.

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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