Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) Stock Short Interest Drops 63.9%

Innovator U.S. Equity Accelerated ETF – Quarterly (BATS:XDSQ) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 6,403 shares, a decline of 63.9% from the August 31st total of 17,746 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 8,079 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated ETF – Quarterly

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ballast Rock Private Wealth LLC raised its stake in Innovator U.S. Equity Accelerated ETF – Quarterly by 2.9% during the first quarter. Ballast Rock Private Wealth LLC now owns 9,697 shares of the company’s stock worth $384,000 after purchasing an additional 270 shares during the period. HighTower Advisors LLC increased its holdings in shares of Innovator U.S. Equity Accelerated ETF – Quarterly by 1.0% during the 4th quarter. HighTower Advisors LLC now owns 52,878 shares of the company’s stock worth $2,201,000 after buying an additional 505 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Innovator U.S. Equity Accelerated ETF – Quarterly by 6.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,175 shares of the company’s stock worth $394,000 after buying an additional 554 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Innovator U.S. Equity Accelerated ETF – Quarterly by 2.1% in the 1st quarter. Cetera Investment Advisers now owns 49,776 shares of the company’s stock worth $1,970,000 after buying an additional 1,006 shares during the period. Finally, Yarger Wealth Strategies LLC raised its position in shares of Innovator U.S. Equity Accelerated ETF – Quarterly by 14.0% in the 2nd quarter. Yarger Wealth Strategies LLC now owns 20,951 shares of the company’s stock worth $910,000 after buying an additional 2,573 shares during the period.

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

Shares of XDSQ opened at $45.38 on Monday. The stock has a fifty day moving average of $44.18 and a two-hundred day moving average of $42.74. The company has a market capitalization of $65.80 million, a PE ratio of 24.58 and a beta of 0.85. Innovator U.S. Equity Accelerated ETF – Quarterly has a fifty-two week low of $38.37 and a fifty-two week high of $45.52.

About Innovator U.S. Equity Accelerated ETF – Quarterly

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.