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

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 6,776 shares, an increase of 1,110.0% from the July 30th total of 560 shares. Approximately 2.1% of the company’s shares are sold short. Based on an average daily volume of 13,759 shares, the short-interest ratio is presently 0.5 days.

Innovator U.S. Equity Accelerated Plus ETF – July Trading Up 0.2%

Shares of XTJL stock traded up $0.08 on Tuesday, hitting $42.10. The stock had a trading volume of 134 shares, compared to its average volume of 8,813. Innovator U.S. Equity Accelerated Plus ETF – July has a twelve month low of $36.81 and a twelve month high of $42.44. The firm has a market cap of $13.68 million, a P/E ratio of 23.92 and a beta of 0.78. The company has a fifty day moving average price of $41.40 and a two-hundred day moving average price of $40.32.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in XTJL. HB Wealth Management LLC bought a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the second quarter worth about $533,000. Arax Advisory Partners acquired a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 4th quarter valued at approximately $95,000. Goldman Sachs Group Inc. acquired a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 4th quarter valued at approximately $650,000. Osaic Holdings Inc. increased its stake in Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% during the 2nd quarter. Osaic Holdings Inc. now owns 21,245 shares of the company’s stock worth $763,000 after purchasing an additional 631 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Innovator U.S. Equity Accelerated Plus ETF – July during the 2nd quarter worth approximately $296,000.

Innovator U.S. Equity Accelerated Plus ETF – July Company Profile

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.