Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) Sees Large Increase in Short Interest

Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 48,535 shares, a growth of 643.4% from the May 14th total of 6,529 shares. Based on an average daily volume of 19,589 shares, the days-to-cover ratio is presently 2.5 days. Currently, 4.4% of the shares of the company are short sold.

Innovator Premium Income 20 Barrier ETF – April Price Performance

Shares of APRH stock opened at $25.27 on Thursday. The business’s fifty day moving average price is $25.13 and its 200 day moving average price is $24.97. Innovator Premium Income 20 Barrier ETF – April has a 1-year low of $24.48 and a 1-year high of $25.55. The firm has a market capitalization of $27.80 million, a PE ratio of 24.01 and a beta of 0.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Motiv8 Investments LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – April during the fourth quarter worth $42,000. Nalls Sherbakoff Group LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – April during the fourth quarter worth $44,000. Bank of America Corp DE acquired a new position in Innovator Premium Income 20 Barrier ETF – April during the second quarter worth $99,000. Kestra Advisory Services LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – April during the fourth quarter worth $104,000. Finally, Chapman Financial Group LLC acquired a new position in Innovator Premium Income 20 Barrier ETF – April during the second quarter worth $124,000.

About Innovator Premium Income 20 Barrier ETF – April

The Innovator Premium Income 20 Barrier ETF – April (APRH) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. APRH was launched on Apr 3, 2023 and is managed by Innovator.