Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Short Interest Down 53.2% in June

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) was the recipient of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 6,135 shares, a drop of 53.2% from the June 15th total of 13,107 shares. Based on an average daily volume of 6,219 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s shares are short sold.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Stock Up 0.2%

XBAP opened at $42.12 on Wednesday. The firm has a market capitalization of $291.89 million, a P/E ratio of 24.65 and a beta of 0.54. The stock has a fifty day moving average of $41.70 and a 200-day moving average of $40.13. Innovator U.S. Equity Accelerated 9 Buffer ETF – April has a 12-month low of $36.77 and a 12-month high of $42.16.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated 9 Buffer ETF – April

Several hedge funds have recently bought and sold shares of XBAP. Welch Financial Planning LLC purchased a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – April during the 4th quarter valued at about $935,000. Lido Advisors LLC acquired a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 4th quarter valued at about $40,960,000. Barclays PLC increased its holdings in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% in the 4th quarter. Barclays PLC now owns 1,221 shares of the company’s stock valued at $47,000 after purchasing an additional 1,168 shares during the period. Safe Harbor Wealth Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the fourth quarter worth approximately $205,000. Finally, Foundations Investment Advisors LLC lifted its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 59.9% in the fourth quarter. Foundations Investment Advisors LLC now owns 11,307 shares of the company’s stock worth $437,000 after purchasing an additional 4,237 shares in the last quarter.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Company Profile

The Innovator U.S. Equity Accelerated 9 Buffer ETFTM – April (XBAP) 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 specific holdings period. XBAP was launched on Apr 1, 2021 and is managed by Innovator.