Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) Short Interest Update

Innovator Gradient Tactical Rotation Strategy ETF (NYSEARCA:IGTR) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 395 shares, an increase 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 presently 0.2 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 2,591 shares, the short-interest ratio is presently 0.2 days.

Innovator Gradient Tactical Rotation Strategy ETF Trading Up 0.4%

NYSEARCA:IGTR traded up $0.12 on Thursday, hitting $29.35. 2,581 shares of the company’s stock traded hands, compared to its average volume of 3,988. Innovator Gradient Tactical Rotation Strategy ETF has a 1 year low of $22.07 and a 1 year high of $29.52. The company has a market cap of $57.23 million, a PE ratio of 18.93 and a beta of 0.74. The firm has a 50-day moving average price of $28.09 and a 200-day moving average price of $26.65.

Innovator Gradient Tactical Rotation Strategy ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in IGTR. Bank of America Corp DE bought a new position in shares of Innovator Gradient Tactical Rotation Strategy ETF during the 3rd quarter worth about $128,000. Accurate Wealth Management LLC acquired a new position in Innovator Gradient Tactical Rotation Strategy ETF in the third quarter valued at about $384,000. Jane Street Group LLC increased its holdings in shares of Innovator Gradient Tactical Rotation Strategy ETF by 31.2% during the second quarter. Jane Street Group LLC now owns 18,177 shares of the company’s stock worth $448,000 after buying an additional 4,319 shares in the last quarter. Finally, Susquehanna International Group LLP grew its position in Innovator Gradient Tactical Rotation Strategy ETF by 68.3% during the 3rd quarter. Susquehanna International Group LLP now owns 98,484 shares of the company’s stock worth $2,602,000 after acquiring an additional 39,972 shares during the last quarter.

About Innovator Gradient Tactical Rotation Strategy ETF

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.