Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Short Interest Up 416.1% in August

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 54,185 shares, an increase of 416.1% from the July 30th total of 10,498 shares. Based on an average daily trading volume, of 7,840 shares, the days-to-cover ratio is presently 6.9 days. Currently, 0.8% of the shares of the company are sold short.

Institutional Trading of Innovator U.S. Equity Accelerated 9 Buffer ETF – April

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC raised its stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% in the fourth quarter. Barclays PLC now owns 1,221 shares of the company’s stock valued at $47,000 after purchasing an additional 1,168 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the third quarter worth $93,000. JPMorgan Chase & Co. bought a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 3rd quarter valued at $150,000. Safe Harbor Wealth Advisors LLC bought a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 4th quarter valued at $205,000. Finally, Blue Water Asset Management acquired a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 4th quarter valued at $358,000.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Stock Up 0.2%

Shares of XBAP opened at $42.75 on Friday. The stock’s 50-day moving average price is $42.20 and its 200 day moving average price is $40.95. The firm has a market capitalization of $296.26 million, a price-to-earnings ratio of 24.65 and a beta of 0.54. Innovator U.S. Equity Accelerated 9 Buffer ETF – April has a 12-month low of $37.30 and a 12-month high of $42.80.

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.