Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Up 166.9% in January

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 395 shares, a growth of 166.9% from the December 31st total of 148 shares. Based on an average daily volume of 2,591 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,591 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Innovator Gradient Tactical Rotation Strategy ETF

A number of institutional investors have recently modified their holdings of the business. Bank of America Corp DE bought a new stake in Innovator Gradient Tactical Rotation Strategy ETF in the third quarter worth approximately $128,000. Accurate Wealth Management LLC purchased a new stake in Innovator Gradient Tactical Rotation Strategy ETF during the third quarter worth about $384,000. Jane Street Group LLC increased its stake in shares of Innovator Gradient Tactical Rotation Strategy ETF by 31.2% during the 2nd quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock worth $448,000 after purchasing an additional 4,319 shares during the last quarter. Finally, Susquehanna International Group LLP increased its position in Innovator Gradient Tactical Rotation Strategy ETF by 68.3% in the third quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock worth $2,602,000 after buying an additional 39,972 shares during the last quarter.

Innovator Gradient Tactical Rotation Strategy ETF Stock Up 0.4%

Shares of NYSEARCA IGTR traded up $0.12 during midday trading on Thursday, hitting $29.35. 2,581 shares of the company’s stock were exchanged, compared to its average volume of 3,988. The company’s 50 day moving average price is $28.09 and its 200 day moving average price is $26.65. Innovator Gradient Tactical Rotation Strategy ETF has a 12 month low of $22.07 and a 12 month high of $29.52. The firm has a market capitalization of $57.23 million, a PE ratio of 18.93 and a beta of 0.74.

Innovator Gradient Tactical Rotation Strategy ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a $0.2241 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 80.0%.

Innovator Gradient Tactical Rotation Strategy ETF Company Profile

The Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is an exchange-traded fund that is based on the S&P Global BMI – USD index. The fund is an actively managed fund that uses a proprietary, rules-based approach to toggle investments among various equity markets and cash. The funds tactical strategy determines investments based on momentum. IGTR was launched on Nov 17, 2022 and is managed by Innovator.