Short Interest in Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Drops By 55.4%

by · The Cerbat Gem

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII – Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 18,860 shares, a decrease of 55.4% from the August 15th total of 42,326 shares. Based on an average daily volume of 50,367 shares, the short-interest ratio is currently 0.4 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of Innovator Index Autocallable Income Strategy ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Talon Private Wealth LLC grew its stake in Innovator Index Autocallable Income Strategy ETF by 49.3% in the second quarter. Talon Private Wealth LLC now owns 936,059 shares of the company’s stock worth $23,823,000 after purchasing an additional 309,107 shares in the last quarter. Brookstone Capital Management purchased a new position in shares of Innovator Index Autocallable Income Strategy ETF in the 1st quarter worth approximately $15,806,000. Mid American Wealth Advisory Group Inc. increased its position in shares of Innovator Index Autocallable Income Strategy ETF by 563.5% during the second quarter. Mid American Wealth Advisory Group Inc. now owns 155,686 shares of the company’s stock worth $3,962,000 after purchasing an additional 132,221 shares in the last quarter. Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth about $2,783,000. Finally, Founders Financial Securities LLC increased its stake in Innovator Index Autocallable Income Strategy ETF by 127.5% during the 1st quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock valued at $2,464,000 after purchasing an additional 54,184 shares in the last quarter. Hedge funds and other institutional investors own 68.45% of the company’s stock.

Innovator Index Autocallable Income Strategy ETF Price Performance

ACII remained flat at $25.39 during trading hours on Tuesday. 8,818 shares of the company traded hands, compared to its average volume of 60,634. Innovator Index Autocallable Income Strategy ETF has a 12 month low of $24.35 and a 12 month high of $26.87. The firm has a 50 day moving average price of $25.50.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 31st were issued a dividend of $0.2078 per share. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date was Monday, August 31st. This is a boost from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20.

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