Short Interest in Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Expands By 77.9%

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 68,314 shares, an increase of 77.9% from the June 30th total of 38,402 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average daily volume of 39,516 shares, the short-interest ratio is currently 1.7 days.

Innovator Index Autocallable Income Strategy ETF Trading Up 1.0%

Innovator Index Autocallable Income Strategy ETF stock traded up $0.26 on Thursday, hitting $25.50. 36,630 shares of the stock traded hands, compared to its average volume of 62,902. Innovator Index Autocallable Income Strategy ETF has a 1 year low of $24.69 and a 1 year high of $26.87. The firm has a fifty day moving average of $25.66.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were paid a $0.1956 dividend. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date was Tuesday, June 30th. This is a positive change from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.19.

Institutional Investors Weigh In On Innovator Index Autocallable Income Strategy ETF

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