Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Sees Significant Growth in Short Interest

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 10,296 shares, an increase of 67.8% from the June 30th total of 6,135 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,733 shares, the short-interest ratio is presently 1.8 days.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated 9 Buffer ETF – April

Hedge funds have recently modified their holdings of the stock. Barclays PLC grew its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% in the 4th quarter. Barclays PLC now owns 1,221 shares of the company’s stock valued at $47,000 after buying an additional 1,168 shares during the last quarter. CWM LLC raised its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 7.8% during the 4th quarter. CWM LLC now owns 28,702 shares of the company’s stock worth $1,110,000 after buying an additional 2,085 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the 3rd quarter worth $93,000. Osaic Holdings Inc. lifted its stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 132,404 shares of the company’s stock worth $5,120,000 after acquiring an additional 2,524 shares during the period. Finally, OLD Mission Capital LLC boosted its holdings in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 10.8% in the fourth quarter. OLD Mission Capital LLC now owns 31,461 shares of the company’s stock valued at $1,217,000 after acquiring an additional 3,060 shares in the last quarter.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Trading Up 0.3%

Shares of XBAP stock opened at $42.26 on Friday. The business’s 50 day moving average is $41.86 and its two-hundred day moving average is $40.43. Innovator U.S. Equity Accelerated 9 Buffer ETF – April has a twelve month low of $36.85 and a twelve month high of $42.26. The company has a market capitalization of $292.86 million, a P/E ratio of 24.65 and a beta of 0.54.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – April

The Innovator U.S. Equity Accelerated 9 Buffer ETFTM – April (XBAP) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a specific holdings period. XBAP was launched on Apr 1, 2021 and is managed by Innovator.