Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Down 44.6% in July

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 37,856 shares, a decrease of 44.6% from the July 15th total of 68,314 shares. Based on an average trading volume of 36,810 shares, the short-interest ratio is currently 1.0 days. Approximately 0.8% of the company’s stock are sold short.

Innovator Index Autocallable Income Strategy ETF Trading Down 0.3%

Shares of ACII traded down $0.09 on Monday, reaching $25.64. The company’s stock had a trading volume of 35,604 shares, compared to its average volume of 61,389. Innovator Index Autocallable Income Strategy ETF has a 12-month low of $24.69 and a 12-month high of $26.87. The company’s 50 day moving average price is $25.61.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 31st were issued a $0.1976 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date of this dividend was Friday, July 31st. This is a positive change from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20.

Institutional Trading of Innovator Index Autocallable Income Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Brookstone Capital Management purchased a new stake in Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth approximately $15,806,000. Talon Private Wealth LLC acquired a new position in Innovator Index Autocallable Income Strategy ETF in the 1st quarter valued at $15,724,000. Cornerstone Wealth LLC TN purchased a new position in Innovator Index Autocallable Income Strategy ETF in the 1st quarter worth approximately $2,783,000. Founders Financial Securities LLC boosted its position in shares of Innovator Index Autocallable Income Strategy ETF by 127.5% during the 1st quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock valued at $2,464,000 after acquiring an additional 54,184 shares during the last quarter. Finally, Wealthgarden F.S. LLC purchased a new position in Innovator Index Autocallable Income Strategy ETF in the first quarter worth approximately $247,000. Institutional investors own 68.45% of the company’s stock.