Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF) Short Interest Update

Key Points

• Short interest nearly doubled to 61,305 shares as of September 15, up 94.5% from August 31. Shorted shares represent approximately 1.1% of QBUF’s outstanding shares, with a days-to-cover ratio of 3.4.
• QBUF opened at $30.89 and was trading down 0.8%, with a market capitalization of $171.42 million and a beta of 0.28.
• Several institutional investors increased their positions, including Motiv8 Investments, which raised its holdings by 20.5%, while Bullseye Investment Management initiated a new position.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly (NASDAQ:QBUF - ) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 61,305 shares, a growth of 94.5% from the August 31st total of 31,515 shares. Approximately 1.1% of the company's shares are short sold. Based on an average daily volume of 18,077 shares, the days-to-cover ratio is currently 3.4 days.

Innovator Nasdaq-100 10 Buffer ETF - Quarterly Trading Down 0.8%

NASDAQ:QBUF opened at $30.89 on Tuesday. Innovator Nasdaq-100 10 Buffer ETF - Quarterly has a 1-year low of $28.49 and a 1-year high of $31.33. The business's 50-day moving average price is $30.66 and its two-hundred day moving average price is $30.38. The firm has a market capitalization of $171.42 million, a price-to-earnings ratio of 30.14 and a beta of 0.28.

Institutional Trading of Innovator Nasdaq-100 10 Buffer ETF - Quarterly

A number of hedge funds have recently modified their holdings of the company. Bullseye Investment Management LLC bought a new position in Innovator Nasdaq-100 10 Buffer ETF - Quarterly during the second quarter worth about $30,000. Triumph Capital Management increased its holdings in shares of 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 worth $709,000 after acquiring an additional 1,044 shares in the last quarter. MTM Financial Group LLC increased its holdings in shares of 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 acquiring an additional 1,220 shares in the last quarter. Sugar Maple Asset Management LLC raised its position in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 6.5% during the first quarter. Sugar Maple Asset Management LLC now owns 24,516 shares of the company's stock worth $716,000 after purchasing an additional 1,500 shares during the period. Finally, Motiv8 Investments LLC raised its position in shares of Innovator Nasdaq-100 10 Buffer ETF - Quarterly by 20.5% during the fourth quarter. Motiv8 Investments LLC now owns 10,171 shares of the company's stock worth $298,000 after purchasing an additional 1,733 shares during the period.

About Innovator Nasdaq-100 10 Buffer ETF - Quarterly

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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