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

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 53 shares, a drop of 92.3% from the April 30th total of 688 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 10,505 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Osaic Holdings Inc. increased its holdings 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 purchasing an additional 631 shares during the period. Goldman Sachs Group Inc. bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the fourth quarter worth approximately $650,000. Jane Street Group LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter worth approximately $296,000. Arax Advisory Partners bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the fourth quarter worth approximately $95,000. Finally, Raymond James Financial Inc. bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter worth approximately $89,000.

Innovator U.S. Equity Accelerated Plus ETF – July Stock Down 0.0%

Shares of XTJL traded down $0.02 during mid-day trading on Wednesday, hitting $40.90. 7,036 shares of the company’s stock were exchanged, compared to its average volume of 12,063. Innovator U.S. Equity Accelerated Plus ETF – July has a 52 week low of $35.04 and a 52 week high of $40.92. The stock’s 50-day simple moving average is $39.75 and its 200-day simple moving average is $39.14. The firm has a market cap of $13.29 million, a price-to-earnings ratio of 23.92 and a beta of 0.78.

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.