Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) Short Interest Down 68.1% in July

Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 12,118 shares, a decrease of 68.1% from the July 15th total of 37,963 shares. Based on an average trading volume of 2,966 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Innovator Uncapped Accelerated U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Centaurus Financial Inc. purchased a new stake in Innovator Uncapped Accelerated U.S. Equity ETF in the 3rd quarter valued at about $183,000. Maia Wealth LLC raised its stake in Innovator Uncapped Accelerated U.S. Equity ETF by 32.4% during the third quarter. Maia Wealth LLC now owns 7,895 shares of the company’s stock worth $377,000 after purchasing an additional 1,932 shares during the period. Brookstone Capital Management boosted its holdings in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 102.8% in the 1st quarter. Brookstone Capital Management now owns 9,368 shares of the company’s stock valued at $414,000 after purchasing an additional 4,748 shares during the last quarter. Trek Financial LLC boosted its holdings in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 2.7% in the 4th quarter. Trek Financial LLC now owns 9,732 shares of the company’s stock valued at $462,000 after purchasing an additional 256 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Innovator Uncapped Accelerated U.S. Equity ETF during the 2nd quarter valued at $536,000.

Innovator Uncapped Accelerated U.S. Equity ETF Trading Down 0.3%

Shares of XUSP stock opened at $55.11 on Friday. The firm has a 50-day moving average price of $52.70 and a 200 day moving average price of $49.93. Innovator Uncapped Accelerated U.S. Equity ETF has a twelve month low of $42.63 and a twelve month high of $55.32. The company has a market capitalization of $50.98 million, a price-to-earnings ratio of 23.39 and a beta of 1.21.

About Innovator Uncapped Accelerated U.S. Equity ETF

The Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF (SPY), after achieving performance thresholds. The fund uses four, one-year FLEX Options packages with laddered 3-month expiration dates. XUSP was launched on Aug 11, 2022 and is managed by Innovator.