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

Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 367 shares, a decrease of 79.2% from the June 15th total of 1,765 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,699 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Innovator U.S. Equity Accelerated 9 Buffer ETF – July

A number of institutional investors have recently made changes to their positions in XBJL. JPMorgan Chase & Co. bought a new position in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the third quarter worth $48,000. Raymond James Financial Inc. bought a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the second quarter valued at $58,000. Northwestern Mutual Wealth Management Co. bought a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July during the 3rd quarter worth approximately $94,000. Global Trust Wealth Management LLC purchased a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the 4th quarter valued at $230,000. Finally, IFP Advisors Inc raised its holdings in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 542.5% in the third 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 BATS:XBJL opened at $40.18 on Monday. Innovator U.S. Equity Accelerated 9 Buffer ETF – July has a 1 year low of $36.04 and a 1 year high of $40.21. The company’s 50 day simple moving average is $39.82 and its 200 day simple moving average is $38.95. The stock has a market capitalization of $126.57 million, a price-to-earnings ratio of 25.04 and a beta of 0.51.

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.