Innovator U.S. Equity Accelerated Plus ETF – January (BATS:XTJA) Sees Significant Increase in Short Interest

Innovator U.S. Equity Accelerated Plus ETF – January (BATS:XTJA) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 8,063 shares, a growth of 136.5% from the June 15th total of 3,410 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 3,540 shares, the days-to-cover ratio is presently 2.3 days.

Innovator U.S. Equity Accelerated Plus ETF – January Stock Performance

Shares of XTJA opened at $34.18 on Tuesday. The firm has a fifty day moving average of $33.76 and a 200-day moving average of $32.41. The company has a market cap of $22.22 million, a price-to-earnings ratio of 23.88 and a beta of 0.84. Innovator U.S. Equity Accelerated Plus ETF – January has a 1 year low of $29.53 and a 1 year high of $34.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Arax Advisory Partners bought a new position in Innovator U.S. Equity Accelerated Plus ETF – January in the 4th quarter worth about $118,000. Welch Financial Planning LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – January in the fourth quarter valued at approximately $406,000. Sunbelt Securities Inc. raised its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – January by 7.7% during the first quarter. Sunbelt Securities Inc. now owns 13,606 shares of the company’s stock valued at $415,000 after buying an additional 971 shares during the last quarter. Foundations Investment Advisors LLC raised its stake in Innovator U.S. Equity Accelerated Plus ETF – January by 47.9% during the 4th quarter. Foundations Investment Advisors LLC now owns 14,313 shares of the company’s stock valued at $453,000 after acquiring an additional 4,633 shares in the last quarter. Finally, Susquehanna International Group LLP raised its stake in Innovator U.S. Equity Accelerated Plus ETF – January by 157.2% during the 3rd quarter. Susquehanna International Group LLP now owns 33,285 shares of the company’s stock valued at $1,026,000 after acquiring an additional 20,345 shares in the last quarter.

Innovator U.S. Equity Accelerated Plus ETF – January Company Profile

The Innovator U.S. Equity Accelerated Plus ETF – January (XTJA) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for 3x upside return of SPY to a cap, with approximately single exposure on the downside, over a one-year outcome period. XTJA was launched on Jan 1, 2022 and is managed by Innovator.