Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) Short Interest Up 513.4% in April

Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 4,521 shares, a growth of 513.4% from the April 15th total of 737 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 7,661 shares, the short-interest ratio is currently 0.6 days.

Innovator U.S. Equity Accelerated ETF – Quarterly Stock Performance

Shares of XDSQ opened at $42.39 on Wednesday. The company has a 50-day simple moving average of $41.12 and a 200-day simple moving average of $41.34. The firm has a market capitalization of $61.47 million, a P/E ratio of 24.58 and a beta of 0.85. Innovator U.S. Equity Accelerated ETF – Quarterly has a 52 week low of $35.97 and a 52 week high of $42.62.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Financial Network Wealth Advisors LLC raised its position in Innovator U.S. Equity Accelerated ETF – Quarterly by 28.7% in the third quarter. Financial Network Wealth Advisors LLC now owns 2,038 shares of the company’s stock worth $81,000 after purchasing an additional 454 shares in the last quarter. Advisory Services Network LLC acquired a new position in Innovator U.S. Equity Accelerated ETF – Quarterly in the third quarter worth about $136,000. Northwestern Mutual Wealth Management Co. raised its position in Innovator U.S. Equity Accelerated ETF – Quarterly by 5,500.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,432 shares of the company’s stock worth $226,000 after purchasing an additional 5,335 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in Innovator U.S. Equity Accelerated ETF – Quarterly during the fourth quarter worth about $242,000. Finally, Envestnet Asset Management Inc. grew its stake in Innovator U.S. Equity Accelerated ETF – Quarterly by 9.9% during the third quarter. Envestnet Asset Management Inc. now owns 7,604 shares of the company’s stock worth $303,000 after buying an additional 688 shares during the last quarter.

Innovator U.S. Equity Accelerated ETF – Quarterly Company Profile

The Innovator U.S. Equity Accelerated ETF – Quarterly (XDSQ) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap over a three-month outcome period. XDSQ was launched on Apr 1, 2021 and is managed by Innovator.