Short Interest in Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) Expands By 1,136.2%

Innovator U.S. Equity Accelerated 9 Buffer ETF – July (BATS:XBJL) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 4,537 shares, an increase of 1,136.2% from the June 30th total of 367 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 7,045 shares, the short-interest ratio is currently 0.6 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. Welch Financial Planning LLC acquired a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the 4th quarter valued at about $6,681,000. Northwestern Mutual Wealth Management Co. increased its position in Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 1,671.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 44,539 shares of the company’s stock worth $1,704,000 after buying an additional 42,025 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 251.4% in the second quarter. Orion Porfolio Solutions LLC now owns 31,424 shares of the company’s stock valued at $1,131,000 after buying an additional 22,482 shares during the period. Susquehanna International Group LLP bought a new stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July in the third quarter valued at approximately $520,000. Finally, Brookstone Capital Management raised its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – July by 33.0% in the fourth quarter. Brookstone Capital Management now owns 38,949 shares of the company’s stock valued at $1,490,000 after buying an additional 9,668 shares during the period.

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

XBJL stock traded up $0.04 during trading hours on Friday, reaching $39.80. The stock had a trading volume of 702 shares, compared to its average volume of 14,642. The stock has a market capitalization of $125.37 million, a PE ratio of 25.04 and a beta of 0.51. The stock has a 50-day simple moving average of $39.89 and a 200 day simple moving average of $39.06. Innovator U.S. Equity Accelerated 9 Buffer ETF – July has a fifty-two week low of $36.04 and a fifty-two week high of $40.21.

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.