Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) Short Interest Up 286.5% in May

Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 344 shares, an increase of 286.5% from the May 14th total of 89 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,449 shares, the days-to-cover ratio is presently 0.2 days.

Innovator U.S. Equity Accelerated 9 Buffer ETF – July Stock Performance

XBJL opened at $39.88 on Friday. The business’s fifty day moving average is $39.44 and its two-hundred day moving average is $38.66. The company has a market cap of $125.62 million, a price-to-earnings ratio of 25.04 and a beta of 0.51. Innovator U.S. Equity Accelerated 9 Buffer ETF – July has a one year low of $35.64 and a one year high of $39.92.

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

A number of institutional investors have recently bought and sold shares of XBJL. Raymond James Financial Inc. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the second quarter worth $58,000. Orion Porfolio Solutions LLC lifted its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 251.4% in the second quarter. Orion Porfolio Solutions LLC now owns 31,424 shares of the company’s stock valued at $1,131,000 after acquiring an additional 22,482 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 11.8% in the third quarter. HighTower Advisors LLC now owns 132,020 shares of the company’s stock valued at $4,944,000 after acquiring an additional 13,885 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the third quarter valued at $48,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the third quarter valued at $94,000.

Innovator U.S. Equity Accelerated 9 Buffer ETF – July Company Profile

The Innovator U.S. Equity Accelerated 9 Buffer ETF – July (XBJL) 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 one-year outcome period. XBJL was launched on Jul 1, 2021 and is managed by Innovator.