Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) Sees Significant Growth in Short Interest

Innovator Premium Income 20 Barrier ETF – April (BATS:APRH) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 140 shares, a growth of 288.9% from the October 15th total of 36 shares. Based on an average trading volume of 3,487 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Innovator Premium Income 20 Barrier ETF – April

Institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC acquired a new position in shares of Innovator Premium Income 20 Barrier ETF – April during the third quarter valued at about $538,000. Harbour Investments Inc. acquired a new stake in Innovator Premium Income 20 Barrier ETF – April in the 3rd quarter worth approximately $1,032,000. Commonwealth Equity Services LLC acquired a new stake in Innovator Premium Income 20 Barrier ETF – April in the 3rd quarter worth approximately $566,000. Soltis Investment Advisors LLC boosted its stake in Innovator Premium Income 20 Barrier ETF – April by 21.0% in the 3rd quarter. Soltis Investment Advisors LLC now owns 13,821 shares of the company’s stock worth $343,000 after purchasing an additional 2,400 shares in the last quarter. Finally, Brookstone Capital Management purchased a new stake in Innovator Premium Income 20 Barrier ETF – April during the 3rd quarter worth approximately $652,000.

Innovator Premium Income 20 Barrier ETF – April Price Performance

Shares of APRH stock opened at $24.91 on Friday. Innovator Premium Income 20 Barrier ETF – April has a 1-year low of $24.48 and a 1-year high of $25.57. The stock’s 50-day moving average is $24.99 and its 200 day moving average is $25.05. The company has a market cap of $24.91 million, a P/E ratio of 24.01 and a beta of 0.17.

Innovator Premium Income 20 Barrier ETF – April Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were given a dividend of $0.5232 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Innovator Premium Income 20 Barrier ETF – April’s previous quarterly dividend of $0.5232. This represents a $2.09 dividend on an annualized basis and a yield of 8.4%.

Innovator Premium Income 20 Barrier ETF – April Company Profile

The Innovator Premium Income 20 Barrier ETF – April (APRH) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys. APRH was launched on Apr 3, 2023 and is managed by Innovator.