Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) Short Interest Up 420.8% in February

Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 1,151 shares, a growth of 420.8% from the January 29th total of 221 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 180 shares, the short-interest ratio is currently 6.4 days. Based on an average daily volume of 180 shares, the short-interest ratio is currently 6.4 days. Approximately 1.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Innovator Hedged Nasdaq-100 ETF

A hedge fund recently raised its stake in Innovator Hedged Nasdaq-100 ETF stock. Susquehanna International Group LLP grew its holdings in shares of Innovator Hedged Nasdaq-100 ETF (NASDAQ:QHDG) by 118.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 28,822 shares of the company’s stock after acquiring an additional 15,626 shares during the period. 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 Stock Performance

Shares of QHDG stock traded up $0.25 on Wednesday, hitting $30.01. The stock had a trading volume of 255 shares, compared to its average volume of 283. The firm has a market capitalization of $3.00 million, a price-to-earnings ratio of 32.27 and a beta of 0.64. The stock’s 50 day moving average is $29.96 and its 200-day moving average is $29.43. Innovator Hedged Nasdaq-100 ETF has a 52-week low of $23.34 and a 52-week high of $30.44.

About Innovator Hedged Nasdaq-100 ETF

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.