Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) Short Interest Update

Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 3,001 shares, a decrease of 64.4% from the July 15th total of 8,426 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average daily trading volume, of 4,579 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Welch Financial Planning LLC purchased a new stake in Innovator U.S. Equity Accelerated Plus ETF – October during the 4th quarter worth about $1,517,000. Foundations Investment Advisors LLC acquired a new stake in Innovator U.S. Equity Accelerated Plus ETF – October in the 4th quarter valued at about $315,000. Citadel Advisors LLC raised its position in Innovator U.S. Equity Accelerated Plus ETF – October by 53.8% in the 3rd quarter. Citadel Advisors LLC now owns 16,928 shares of the company’s stock valued at $552,000 after purchasing an additional 5,920 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – October in the 4th quarter valued at about $84,000. Finally, Arax Advisory Partners purchased a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – October in the 4th quarter valued at about $82,000.

Innovator U.S. Equity Accelerated Plus ETF – October Stock Up 0.0%

BATS:XTOC opened at $36.89 on Friday. The company has a fifty day simple moving average of $36.25 and a two-hundred day simple moving average of $34.87. The company has a market cap of $16.60 million, a price-to-earnings ratio of 24.82 and a beta of 0.78. Innovator U.S. Equity Accelerated Plus ETF – October has a 52 week low of $31.00 and a 52 week high of $36.89.

About Innovator U.S. Equity Accelerated Plus ETF – October

The Innovator U.S. Equity Accelerated Plus ETF – October (XTOC) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 3x upside return of SPY to a cap, with approximately single exposure on the downside, over a one-year outcome period. XTOC was launched on Oct 1, 2021 and is managed by Innovator.