Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Short Interest Update

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 68,314 shares, an increase of 77.9% from the June 30th total of 38,402 shares. Currently, 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 39,516 shares, the days-to-cover ratio is presently 1.7 days.

Innovator Index Autocallable Income Strategy ETF Stock Performance

Shares of ACII traded up $0.26 during mid-day trading on Thursday, hitting $25.50. 36,630 shares of the company’s stock traded hands, compared to its average volume of 62,902. The business has a 50-day simple moving average of $25.66. Innovator Index Autocallable Income Strategy ETF has a 1 year low of $24.69 and a 1 year high of $26.87.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.1956 per share. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.19.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ACII. Sound Income Strategies LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter valued at about $32,000. Wealthgarden F.S. LLC purchased a new stake in Innovator Index Autocallable Income Strategy ETF in the first quarter worth about $247,000. Evolution Wealth Management Inc. boosted its position in Innovator Index Autocallable Income Strategy ETF by 23.5% during the 1st quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock valued at $487,000 after acquiring an additional 3,695 shares in the last quarter. Founders Financial Securities LLC boosted its position in 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 in the last quarter. Finally, Cornerstone Wealth LLC TN purchased a new position in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth approximately $2,783,000. 68.45% of the stock is currently owned by institutional investors.