Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) Short Interest Update

Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 4,613 shares, a drop of 43.2% from the July 30th total of 8,117 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,528 shares, the days-to-cover ratio is presently 0.7 days.

Innovator U.S. Equity Accelerated 9 Buffer ETF – July Stock Performance

XBJL stock opened at $40.90 on Monday. Innovator U.S. Equity Accelerated 9 Buffer ETF – July has a 12-month low of $36.62 and a 12-month high of $40.95. The stock has a market cap of $128.84 million, a price-to-earnings ratio of 25.04 and a beta of 0.51. The business’s 50-day moving average is $40.29 and its 200 day moving average is $39.45.

Institutional Trading of Innovator U.S. Equity Accelerated 9 Buffer ETF – July

Hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the second quarter worth approximately $58,000. Orion Porfolio Solutions LLC increased its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 251.4% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 31,424 shares of the company’s stock worth $1,131,000 after purchasing an additional 22,482 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the 3rd quarter valued at about $48,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the 3rd quarter valued at about $94,000. Finally, Susquehanna International Group LLP acquired a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the third quarter valued at about $520,000.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – July

The Innovator U.S. Equity Accelerated 9 Buffer ETF – July (XBJL) 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 one-year outcome period. XBJL was launched on Jul 1, 2021 and is managed by Innovator.