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

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 613 shares, a drop of 45.5% from the June 15th total of 1,125 shares. Based on an average daily volume of 2,724 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the company’s shares are sold short.

Innovator Hedged Nasdaq-100 ETF Stock Performance

QHDG stock remained flat at $30.24 during mid-day trading on Friday. Innovator Hedged Nasdaq-100 ETF has a 12 month low of $27.27 and a 12 month high of $30.44. The stock’s fifty day moving average is $30.16 and its two-hundred day moving average is $29.79. The company has a market cap of $2.42 million, a PE ratio of 32.27 and a beta of 0.07.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP boosted its stake in 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. The firm owned 28,822 shares of the company’s stock after purchasing an additional 15,626 shares during the quarter. Susquehanna International Group LLP owned about 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 as of its most recent SEC filing.

Innovator Hedged Nasdaq-100 ETF Company Profile

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.