Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Sees Large Increase in Short Interest

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 86 shares, an increase of 855.6% from the June 30th total of 9 shares. Based on an average daily volume of 922 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Innovator U.S. Equity Accelerated Plus ETF – July

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XTJL. Osaic Holdings Inc. increased its position in shares of Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% during 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 period. Arax Advisory Partners acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the fourth quarter valued at $95,000. Raymond James Financial Inc. purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July in the second quarter valued at $89,000. Jane Street Group LLC purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July in the second quarter valued at $296,000. Finally, Goldman Sachs Group Inc. purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July in the fourth quarter valued at $650,000.

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

Shares of XTJL stock opened at $40.80 on Friday. The stock has a market capitalization of $13.26 million, a P/E ratio of 23.92 and a beta of 0.78. The company has a 50 day moving average price of $41.01 and a 200 day moving average price of $39.92. Innovator U.S. Equity Accelerated Plus ETF – July has a fifty-two week low of $36.18 and a fifty-two week high of $41.39.

About Innovator U.S. Equity Accelerated Plus ETF – July

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.