Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) Sees Large Decline in Short Interest

Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 786 shares, a decrease of 70.1% from the August 15th total of 2,628 shares. Based on an average daily trading volume, of 4,152 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Yarger Wealth Strategies LLC boosted its stake in Innovator Uncapped Accelerated U.S. Equity ETF by 11.2% during the second quarter. Yarger Wealth Strategies LLC now owns 25,572 shares of the company’s stock valued at $1,365,000 after buying an additional 2,582 shares during the period. ATX Financial Planning LLC increased its stake in Innovator Uncapped Accelerated U.S. Equity ETF by 1.6% in the 1st quarter. ATX Financial Planning LLC now owns 89,110 shares of the company’s stock worth $3,935,000 after acquiring an additional 1,379 shares during the last quarter. Brookstone Capital Management increased its stake in Innovator Uncapped Accelerated U.S. Equity ETF by 102.8% in the 1st quarter. Brookstone Capital Management now owns 9,368 shares of the company’s stock worth $414,000 after acquiring an additional 4,748 shares during the last quarter. OLD Mission Capital LLC raised its holdings in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 50.5% in the 4th quarter. OLD Mission Capital LLC now owns 36,205 shares of the company’s stock valued at $1,720,000 after acquiring an additional 12,154 shares in the last quarter. Finally, Arax Advisory Partners purchased a new stake in shares of Innovator Uncapped Accelerated U.S. Equity ETF in the 4th quarter valued at about $1,587,000.

Innovator Uncapped Accelerated U.S. Equity ETF Stock Performance

Shares of BATS:XUSP opened at $53.60 on Monday. The company has a 50 day moving average of $53.45 and a 200 day moving average of $50.81. The stock has a market cap of $49.58 million, a P/E ratio of 23.39 and a beta of 1.21. Innovator Uncapped Accelerated U.S. Equity ETF has a 12 month low of $42.63 and a 12 month high of $55.40.

Innovator Uncapped Accelerated U.S. Equity ETF Company Profile

The Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF (SPY), after achieving performance thresholds. The fund uses four, one-year FLEX Options packages with laddered 3-month expiration dates. XUSP was launched on Aug 11, 2022 and is managed by Innovator.