Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) Sees Large Growth in Short Interest

Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 344 shares, an increase of 286.5% from the May 14th total of 89 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,449 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Innovator U.S. Equity Accelerated 9 Buffer ETF – July

Several institutional investors have recently bought and sold shares of XBJL. JPMorgan Chase & Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the 3rd quarter valued at about $48,000. Raymond James Financial Inc. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the 2nd quarter valued at about $58,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the 3rd quarter valued at about $94,000. Global Trust Wealth Management LLC purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the 4th quarter valued at about $230,000. Finally, IFP Advisors Inc grew its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 542.5% during the 3rd quarter. IFP Advisors Inc now owns 7,633 shares of the company’s stock valued at $286,000 after purchasing an additional 6,445 shares during the last quarter.

Innovator U.S. Equity Accelerated 9 Buffer ETF – July Price Performance

Shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July stock opened at $39.84 on Friday. The company has a 50-day moving average of $39.40 and a 200 day moving average of $38.65. The firm has a market cap of $125.50 million, a price-to-earnings ratio of 25.04 and a beta of 0.51. Innovator U.S. Equity Accelerated 9 Buffer ETF – July has a 1 year low of $35.64 and a 1 year high of $39.89.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – July

The Innovator U.S. Equity Accelerated 9 Buffer ETF – July (XBJL) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a one-year outcome period. XBJL was launched on Jul 1, 2021 and is managed by Innovator.