Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Down 44.6% in July

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 37,856 shares, a decrease of 44.6% from the July 15th total of 68,314 shares. Based on an average trading volume of 36,810 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brookstone Capital Management acquired a new stake in Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at $15,806,000. Talon Private Wealth LLC bought a new position in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth about $15,724,000. Cornerstone Wealth LLC TN acquired a new stake in Innovator Index Autocallable Income Strategy ETF in the 1st quarter valued at approximately $2,783,000. Founders Financial Securities LLC lifted its position in Innovator Index Autocallable Income Strategy ETF by 127.5% in the first quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock worth $2,464,000 after purchasing an additional 54,184 shares during the period. Finally, Wealthgarden F.S. LLC bought a new position in shares of Innovator Index Autocallable Income Strategy ETF in the first quarter valued at $247,000. 68.45% of the stock is owned by institutional investors and hedge funds.

Innovator Index Autocallable Income Strategy ETF Stock Performance

Shares of ACII traded down $0.09 during mid-day trading on Monday, hitting $25.64. 35,604 shares of the company’s stock were exchanged, compared to its average volume of 61,389. The company has a 50 day simple moving average of $25.61. Innovator Index Autocallable Income Strategy ETF has a fifty-two week low of $24.69 and a fifty-two week high of $26.87.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were paid a dividend of $0.1976 per share. The ex-dividend date of this dividend was Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 9.2%. This is an increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20.