Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Short Interest Update
by Mitch Edgeman · The Markets DailyInnovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1,618 shares, a decline of 76.1% from the August 15th total of 6,776 shares. Based on an average daily trading volume, of 3,862 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are short sold.
Institutional Investors Weigh In On Innovator U.S. Equity Accelerated Plus ETF – July
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 2nd quarter valued at approximately $89,000. Arax Advisory Partners bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the 4th quarter valued at approximately $95,000. Bullseye Investment Management LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter valued at approximately $114,000. Jane Street Group LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter valued at approximately $296,000. Finally, HB Wealth Management LLC purchased a new stake in Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter valued at $533,000.
Innovator U.S. Equity Accelerated Plus ETF – July Trading Up 0.8%
Shares of BATS:XTJL opened at $42.28 on Friday. Innovator U.S. Equity Accelerated Plus ETF – July has a 12 month low of $36.81 and a 12 month high of $42.57. The company has a 50-day moving average price of $41.74 and a 200 day moving average price of $40.62. The company has a market cap of $13.74 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.
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