Short Interest in Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) Expands By 855.6%

Innovator U.S. Equity Accelerated Plus ETF – July (BATS:XTJL) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 86 shares, an increase of 855.6% from the June 30th total of 9 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 922 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XTJL. Osaic Holdings Inc. lifted its stake in Innovator U.S. Equity Accelerated Plus ETF – July by 3.1% in the second quarter. Osaic Holdings Inc. now owns 21,245 shares of the company’s stock valued at $763,000 after buying an additional 631 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the fourth quarter worth approximately $650,000. Jane Street Group LLC purchased a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July during the second quarter worth approximately $296,000. Arax Advisory Partners acquired a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 4th quarter valued at $95,000. Finally, Raymond James Financial Inc. acquired a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – July in the 2nd quarter valued at $89,000.

Innovator U.S. Equity Accelerated Plus ETF – July Stock Performance

XTJL opened at $40.80 on Friday. Innovator U.S. Equity Accelerated Plus ETF – July has a one year low of $36.18 and a one year high of $41.39. The stock has a market capitalization of $13.26 million, a P/E ratio of 23.92 and a beta of 0.78. The business’s 50-day simple moving average is $41.01 and its 200-day simple moving average is $39.92.

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

The Innovator U.S. Equity Accelerated Plus ETF – July (XTJL) 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. XTJL was launched on Jul 1, 2021 and is managed by Innovator.