Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) Short Interest Up 520.4% in May

Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 16,893 shares, a growth of 520.4% from the May 14th total of 2,723 shares. Approximately 1.8% of the company’s stock are sold short. Based on an average daily volume of 5,051 shares, the short-interest ratio is currently 3.3 days.

Innovator Uncapped Accelerated U.S. Equity ETF Trading Up 2.3%

Shares of BATS:XUSP opened at $51.75 on Friday. The stock has a market capitalization of $47.87 million, a PE ratio of 23.39 and a beta of 1.21. Innovator Uncapped Accelerated U.S. Equity ETF has a 1 year low of $39.66 and a 1 year high of $54.13. The firm has a fifty day moving average price of $50.30 and a 200 day moving average price of $48.32.

Institutional Investors Weigh In On Innovator Uncapped Accelerated U.S. Equity ETF

Large investors have recently bought and sold shares of the business. Centaurus Financial Inc. bought a new stake in Innovator Uncapped Accelerated U.S. Equity ETF during the third quarter valued at about $183,000. Brookstone Capital Management bought a new stake in Innovator Uncapped Accelerated U.S. Equity ETF during the fourth quarter valued at about $219,000. Maia Wealth LLC boosted its holdings 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 valued at $377,000 after acquiring an additional 1,932 shares during the period. Trek Financial LLC boosted its holdings in Innovator Uncapped Accelerated U.S. Equity ETF by 2.7% during the fourth quarter. Trek Financial LLC now owns 9,732 shares of the company’s stock valued at $462,000 after acquiring an additional 256 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Innovator Uncapped Accelerated U.S. Equity ETF during the second quarter valued at about $536,000.

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.