Innovator Nasdaq-100 10 Buffer ETF – Quarterly (NASDAQ:QBUF) Shares Shorted: Short Interest Down 43.3% in October

Innovator Nasdaq-100 10 Buffer ETF – Quarterly (NASDAQ:QBUF) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 50,889 shares, a drop of 43.3% from the September 30th total of 89,733 shares. Based on an average daily volume of 51,009 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.8% of the company’s stock are sold short.

Innovator Nasdaq-100 10 Buffer ETF – Quarterly Price Performance

Shares of QBUF stock traded down $0.18 during trading on Monday, reaching $29.93. The company’s stock had a trading volume of 65,288 shares, compared to its average volume of 42,450. The company has a market capitalization of $197.54 million, a price-to-earnings ratio of 30.14 and a beta of 0.28. The stock’s 50-day moving average price is $30.76 and its 200 day moving average price is $30.24. Innovator Nasdaq-100 10 Buffer ETF – Quarterly has a 1-year low of $28.50 and a 1-year high of $31.33.

Hedge Funds Weigh In On Innovator Nasdaq-100 10 Buffer ETF – Quarterly

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Independent Financial Group LLC purchased a new position in Innovator Nasdaq-100 10 Buffer ETF – Quarterly in the first quarter valued at $2,020,000. Brookstone Capital Management acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF – Quarterly in the 3rd quarter valued at about $1,592,000. Commonwealth Equity Services LLC acquired a new stake in Innovator Nasdaq-100 10 Buffer ETF – Quarterly in the 3rd quarter valued at about $1,276,000. Centaurus Financial Inc. boosted its stake in shares of Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 14.4% in the 1st quarter. Centaurus Financial Inc. now owns 144,611 shares of the company’s stock valued at $4,224,000 after buying an additional 18,253 shares during the period. Finally, ARQ Wealth Advisors LLC boosted its stake in shares of Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 58.1% in the 3rd quarter. ARQ Wealth Advisors LLC now owns 47,097 shares of the company’s stock valued at $1,454,000 after buying an additional 17,304 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.