Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) Sees Large Drop in Short Interest

Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 18,738 shares, a decrease of 61.4% from the May 31st total of 48,535 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily volume of 4,236 shares, the short-interest ratio is presently 4.4 days.

Innovator Premium Income 20 Barrier ETF – April Price Performance

Shares of APRH opened at $25.46 on Tuesday. The firm has a 50 day simple moving average of $25.29 and a 200-day simple moving average of $25.01. The stock has a market cap of $28.01 million, a price-to-earnings ratio of 24.01 and a beta of 0.14. Innovator Premium Income 20 Barrier ETF – April has a 1-year low of $24.48 and a 1-year high of $25.57.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in Innovator Premium Income 20 Barrier ETF – April during the 2nd quarter worth $421,000. Bank of America Corp DE acquired a new position in Innovator Premium Income 20 Barrier ETF – April in the second quarter valued at approximately $99,000. MML Investors Services LLC acquired a new stake in Innovator Premium Income 20 Barrier ETF – April in the second quarter worth $626,000. Chapman Financial Group LLC bought a new stake in Innovator Premium Income 20 Barrier ETF – April in the 2nd quarter valued at about $124,000. Finally, Maia Wealth LLC raised its holdings in shares of Innovator Premium Income 20 Barrier ETF – April by 3.9% during the third quarter. Maia Wealth LLC now owns 17,571 shares of the company’s stock valued at $438,000 after buying an additional 652 shares during the last quarter.

About Innovator Premium Income 20 Barrier ETF – April

The Innovator Premium Income 20 Barrier ETF – April (APRH) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. APRH was launched on Apr 3, 2023 and is managed by Innovator.