Short Interest in Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Decreases By 53.2%

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 6,135 shares, a drop of 53.2% from the June 15th total of 13,107 shares. Based on an average trading volume of 6,219 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated 9 Buffer ETF – April

Several institutional investors and hedge funds have recently made changes to their positions in XBAP. Barclays PLC grew its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% in the 4th quarter. Barclays PLC now owns 1,221 shares of the company’s stock valued at $47,000 after acquiring an additional 1,168 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the 3rd quarter worth about $93,000. JPMorgan Chase & Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the 3rd quarter worth about $150,000. Safe Harbor Wealth Advisors LLC acquired a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 4th quarter valued at about $205,000. Finally, Global Trust Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the fourth quarter valued at approximately $224,000.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Price Performance

Shares of BATS:XBAP opened at $42.03 on Tuesday. The firm has a market capitalization of $291.27 million, a price-to-earnings ratio of 24.65 and a beta of 0.54. The business’s 50 day simple moving average is $41.68 and its 200-day simple moving average is $40.10. Innovator U.S. Equity Accelerated 9 Buffer ETF – April has a 12 month low of $36.77 and a 12 month high of $42.16.

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

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.