Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Down 55.4% in August

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 18,860 shares, a drop of 55.4% from the August 15th total of 42,326 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 50,367 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Innovator Index Autocallable Income Strategy ETF

Large investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC purchased a new position in Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at $32,000. POM Investment Strategies LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the 2nd quarter valued at about $79,000. Wealthgarden F.S. LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at about $247,000. Rose Capital Advisors LLC purchased a new position in shares of Innovator Index Autocallable Income Strategy ETF during the second quarter valued at about $312,000. Finally, Evolution Wealth Management Inc. increased its position in shares of Innovator Index Autocallable Income Strategy ETF by 23.5% during the first quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock valued at $487,000 after buying an additional 3,695 shares during the period. Institutional investors own 68.45% of the company’s stock.

Innovator Index Autocallable Income Strategy ETF Price Performance

ACII traded down $0.08 during midday trading on Monday, reaching $25.37. 27,654 shares of the company’s stock traded hands, compared to its average volume of 60,839. Innovator Index Autocallable Income Strategy ETF has a 52 week low of $24.35 and a 52 week high of $26.87. The firm has a fifty day moving average price of $25.51.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 1st. Investors of record on Monday, August 31st were issued a dividend of $0.2078 per share. This is a boost from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date was Monday, August 31st.