Short Interest in Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Declines By 44.6%

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 37,856 shares, a decrease of 44.6% from the July 15th total of 68,314 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 36,810 shares, the short-interest ratio is presently 1.0 days.

Innovator Index Autocallable Income Strategy ETF Stock Down 0.3%

Innovator Index Autocallable Income Strategy ETF stock opened at $25.61 on Wednesday. The company’s 50 day moving average is $25.61. Innovator Index Autocallable Income Strategy ETF has a fifty-two week low of $24.69 and a fifty-two week high of $26.87.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 31st were issued a dividend of $0.1976 per share. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date was Friday, July 31st. This is an increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20.

Institutional Investors Weigh In On Innovator Index Autocallable Income Strategy ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Sound Income Strategies LLC bought a new position in shares of Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth $32,000. Wealthgarden F.S. LLC purchased a new stake in Innovator Index Autocallable Income Strategy ETF in the first quarter worth about $247,000. Evolution Wealth Management Inc. lifted its stake in Innovator Index Autocallable Income Strategy ETF by 23.5% in the first quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock worth $487,000 after acquiring an additional 3,695 shares during the period. Founders Financial Securities LLC grew its holdings in Innovator Index Autocallable Income Strategy ETF by 127.5% during the 1st quarter. Founders Financial Securities LLC now owns 96,665 shares of the company’s stock worth $2,464,000 after acquiring an additional 54,184 shares in the last quarter. Finally, Cornerstone Wealth LLC TN bought a new position in Innovator Index Autocallable Income Strategy ETF during the 1st quarter worth about $2,783,000. 68.45% of the stock is owned by institutional investors.