Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Stock Short Interest Rises 351.0%

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,290 shares, an increase of 351.0% from the October 15th total of 286 shares. Based on an average daily volume of 745 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of Innovator U.S. Equity Accelerated Plus ETF – July

Hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC acquired a new stake in Innovator U.S. Equity Accelerated Plus ETF – July during the third quarter worth about $956,000. HB Wealth Management LLC purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter valued at approximately $533,000. Finally, Bullseye Investment Management LLC purchased a new position in Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter valued at approximately $114,000.

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

Shares of XTJL opened at $42.31 on Friday. The business’s 50-day moving average is $42.49 and its two-hundred day moving average is $40.92. The company has a market capitalization of $16.92 million, a P/E ratio of 22.71 and a beta of 0.73. Innovator U.S. Equity Accelerated Plus ETF – July has a fifty-two week low of $36.81 and a fifty-two week high of $43.15.

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.