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

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

Institutional Investors Weigh In On Innovator Hedged Nasdaq-100 ETF

An institutional investor recently raised its position in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP increased its stake in Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. 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 approximately 22.17% of Innovator Hedged Nasdaq-100 ETF worth $840,000 at the end of the most recent quarter.

Innovator Hedged Nasdaq-100 ETF Price Performance

Shares of NASDAQ:QHDG opened at $30.24 on Wednesday. The stock has a market capitalization of $2.42 million, a PE ratio of 32.27 and a beta of 0.61. The firm’s 50 day moving average price is $30.15 and its 200-day moving average price is $29.79. Innovator Hedged Nasdaq-100 ETF has a twelve month low of $27.27 and a twelve month high of $30.44.

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.