Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) Short Interest Down 54.0% in February

Innovator Nasdaq-100 Managed Floor ETF (NYSEARCA:QFLR) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 8,324 shares, a drop of 54.0% from the February 12th total of 18,080 shares. Based on an average daily volume of 76,251 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 76,251 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Claro Advisors LLC raised its stake in shares of Innovator Nasdaq-100 Managed Floor ETF by 1.5% during the 3rd quarter. Claro Advisors LLC now owns 23,009 shares of the company’s stock worth $763,000 after purchasing an additional 330 shares in the last quarter. 4J Wealth Management LLC boosted its holdings in shares of Innovator Nasdaq-100 Managed Floor ETF by 1.6% during the 4th quarter. 4J Wealth Management LLC now owns 21,910 shares of the company’s stock worth $751,000 after buying an additional 355 shares during the period. Steward Partners Investment Advisory LLC grew its position in shares of Innovator Nasdaq-100 Managed Floor ETF by 3.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,476 shares of the company’s stock valued at $462,000 after purchasing an additional 393 shares during the last quarter. Capital Investment Advisory Services LLC grew its holdings in Innovator Nasdaq-100 Managed Floor ETF by 6.3% in the 4th quarter. Capital Investment Advisory Services LLC now owns 6,644 shares of the company’s stock valued at $228,000 after buying an additional 396 shares in the last quarter. Finally, Navis Wealth Advisors LLC increased its position in Innovator Nasdaq-100 Managed Floor ETF by 3.2% during the third quarter. Navis Wealth Advisors LLC now owns 15,357 shares of the company’s stock worth $509,000 after acquiring an additional 469 shares during the period.

Innovator Nasdaq-100 Managed Floor ETF Price Performance

NYSEARCA:QFLR traded down $0.51 during midday trading on Thursday, reaching $34.00. 46,936 shares of the company traded hands, compared to its average volume of 90,372. The company has a fifty day moving average price of $34.61 and a 200 day moving average price of $33.91. The firm has a market capitalization of $459 million, a price-to-earnings ratio of 32.95 and a beta of 0.76. Innovator Nasdaq-100 Managed Floor ETF has a twelve month low of $25.42 and a twelve month high of $35.35.

About Innovator Nasdaq-100 Managed Floor ETF

The Innovator Nasdaq-100 Managed Floor ETF (QFLR) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide capital appreciation by holding a portfolio representative of the NASDAQ-100, while hedging the downside risk using a laddered options strategy. The fund utilizes four, one-year FLEX options packages with staggered 3-month expiration dates to target a maximum loss of approximately 10% on a rolling 12-month basis. QFLR was launched on Jan 25, 2024 and is issued by Innovator.