Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Update

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACIIGet Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 57,742 shares, a growth of 116.4% from the May 14th total of 26,679 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average daily volume of 52,796 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Cornerstone Wealth LLC TN bought a new position in Innovator Index Autocallable Income Strategy ETF during the first quarter worth $2,783,000. Talon Private Wealth LLC acquired a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the first quarter worth $15,724,000. Wealthgarden F.S. LLC acquired a new stake in Innovator Index Autocallable Income Strategy ETF in the 1st quarter worth about $247,000. Sound Income Strategies LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the first quarter valued at approximately $32,000. Finally, Evolution Wealth Management Inc. boosted its stake in shares of Innovator Index Autocallable Income Strategy ETF by 23.5% in the first quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock valued at $487,000 after buying an additional 3,695 shares during the period. 68.45% of the stock is owned by institutional investors and hedge funds.

Innovator Index Autocallable Income Strategy ETF Stock Performance

NYSEARCA:ACII opened at $25.73 on Monday. Innovator Index Autocallable Income Strategy ETF has a 12 month low of $24.69 and a 12 month high of $26.87. The company has a 50 day moving average price of $25.70.

Innovator Index Autocallable Income Strategy ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 29th were given a dividend of $0.1884 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 8.8%.

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