Short Interest in Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Decreases By 76.1%

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,618 shares, a decrease of 76.1% from the August 15th total of 6,776 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 3,862 shares, the days-to-cover ratio is presently 0.4 days.

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

Shares of BATS XTJL opened at $42.28 on Friday. The company has a 50 day simple moving average of $41.74 and a two-hundred day simple moving average of $40.62. Innovator U.S. Equity Accelerated Plus ETF – July has a fifty-two week low of $36.81 and a fifty-two week high of $42.57. The company has a market capitalization of $13.74 million, a price-to-earnings ratio of 23.92 and a beta of 0.78.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter valued at $89,000. Jane Street Group LLC purchased a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the second quarter worth $296,000. Osaic Holdings Inc. grew its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% in the second quarter. Osaic Holdings Inc. now owns 21,245 shares of the company’s stock worth $763,000 after acquiring an additional 631 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the fourth quarter valued at $650,000. Finally, Arax Advisory Partners bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the fourth quarter valued at $95,000.

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

The Innovator U.S. Equity Accelerated Plus ETF – July (XTJL) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. XTJL was launched on Jul 1, 2021 and is managed by Innovator.