Innovator U.S. Equity Accelerated 9 Buffer ETF – October (BATS:XBOC) Sees Significant Growth in Short Interest

Innovator U.S. Equity Accelerated 9 Buffer ETF – October (BATS:XBOC) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 2,328 shares, an increase of 69.1% from the August 31st total of 1,377 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,512 shares, the days-to-cover ratio is presently 0.9 days.

Innovator U.S. Equity Accelerated 9 Buffer ETF – October Stock Up 0.0%

XBOC stock opened at $36.40 on Thursday. The stock’s 50 day moving average is $36.14 and its 200-day moving average is $35.21. Innovator U.S. Equity Accelerated 9 Buffer ETF – October has a twelve month low of $32.13 and a twelve month high of $36.44. The firm has a market capitalization of $92.09 million, a PE ratio of 24.28 and a beta of 0.50.

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

Several institutional investors have recently made changes to their positions in XBOC. Bullseye Investment Management LLC bought a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – October during the second quarter valued at about $1,054,000. Envestnet Asset Management Inc. grew its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,216 shares of the company’s stock worth $860,000 after purchasing an additional 1,453 shares in the last quarter. Citadel Advisors LLC bought a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – October in the 2nd quarter worth about $294,000. Brookstone Capital Management grew its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 10.1% in the 1st quarter. Brookstone Capital Management now owns 31,880 shares of the company’s stock worth $1,048,000 after purchasing an additional 2,929 shares in the last quarter. Finally, Foundations Investment Advisors LLC increased its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 77.9% in the 4th quarter. Foundations Investment Advisors LLC now owns 11,134 shares of the company’s stock valued at $374,000 after buying an additional 4,876 shares during the last quarter.

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

The Innovator U.S. Equity Accelerated 9 Buffer ETF – October (XBOC) 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. XBOC was launched on Oct 1, 2021 and is managed by Innovator.