Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) Shares Shorted: Short Interest Up 836.8% in October

Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 890 shares, an increase of 836.8% from the September 30th total of 95 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 2,748 shares, the days-to-cover ratio is presently 0.3 days.

Innovator Uncapped Accelerated U.S. Equity ETF Price Performance

XUSP opened at $53.95 on Wednesday. Innovator Uncapped Accelerated U.S. Equity ETF has a fifty-two week low of $42.63 and a fifty-two week high of $55.40. The firm has a market capitalization of $49.90 million, a price-to-earnings ratio of 23.39 and a beta of 1.21. The company’s 50 day moving average price is $53.92 and its two-hundred day moving average price is $50.85.

Institutional Trading of Innovator Uncapped Accelerated U.S. Equity ETF

Institutional investors have recently modified their holdings of the business. Yarger Wealth Strategies LLC lifted its position in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 11.2% during the 2nd quarter. Yarger Wealth Strategies LLC now owns 25,572 shares of the company’s stock valued at $1,365,000 after acquiring an additional 2,582 shares during the period. ATX Financial Planning LLC raised its position in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 1.6% during the first quarter. ATX Financial Planning LLC now owns 89,110 shares of the company’s stock worth $3,935,000 after purchasing an additional 1,379 shares during the period. Finally, Brookstone Capital Management raised its position in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 102.8% during the first quarter. Brookstone Capital Management now owns 9,368 shares of the company’s stock worth $414,000 after purchasing an additional 4,748 shares during the period.

About Innovator Uncapped Accelerated U.S. Equity ETF

The Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF (SPY), after achieving performance thresholds. The fund uses four, one-year FLEX Options packages with laddered 3-month expiration dates. XUSP was launched on Aug 11, 2022 and is managed by Innovator.