Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) Short Interest Down 91.2% in August

Innovator U.S. Equity Accelerated 9 Buffer ETF – April (BATS:XBAP) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,766 shares, a decline of 91.2% from the August 15th total of 54,185 shares. Based on an average daily volume of 10,958 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XBAP. Barclays PLC grew its stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 2,203.8% during the fourth quarter. Barclays PLC now owns 1,221 shares of the company’s stock worth $47,000 after acquiring an additional 1,168 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 3rd quarter valued at approximately $93,000. Osaic Holdings Inc. raised its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 1.9% in the 4th quarter. Osaic Holdings Inc. now owns 132,404 shares of the company’s stock valued at $5,120,000 after purchasing an additional 2,524 shares during the last quarter. OLD Mission Capital LLC boosted its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April by 10.8% in the 4th quarter. OLD Mission Capital LLC now owns 31,461 shares of the company’s stock worth $1,217,000 after purchasing an additional 3,060 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – April in the 3rd quarter worth approximately $150,000.

Innovator U.S. Equity Accelerated 9 Buffer ETF – April Trading Down 0.2%

Shares of XBAP traded down $0.10 during midday trading on Thursday, hitting $42.70. 5,852 shares of the company’s stock traded hands, compared to its average volume of 9,938. Innovator U.S. Equity Accelerated 9 Buffer ETF – April has a 1 year low of $37.61 and a 1 year high of $42.93. The firm’s fifty day moving average is $42.40 and its 200-day moving average is $41.20. The stock has a market capitalization of $295.91 million, a price-to-earnings ratio of 24.65 and a beta of 0.54.

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

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.