Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) Short Interest Down 96.9% in May

Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 39 shares, a drop of 96.9% from the April 30th total of 1,271 shares. Based on an average daily volume of 1,718 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On Innovator U.S. Equity Accelerated Plus ETF – April

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XTAP. Susquehanna International Group LLP boosted its stake in Innovator U.S. Equity Accelerated Plus ETF – April by 182.5% in the 3rd quarter. Susquehanna International Group LLP now owns 25,251 shares of the company’s stock worth $1,001,000 after purchasing an additional 16,313 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 24.1% during the 3rd quarter. Sunbelt Securities Inc. now owns 4,656 shares of the company’s stock valued at $185,000 after buying an additional 905 shares during the period. Lido Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April during the 4th quarter valued at $11,334,000. Kestra Advisory Services LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April during the 4th quarter valued at $29,000. Finally, Arax Advisory Partners acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April during the 4th quarter valued at $97,000.

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

Innovator U.S. Equity Accelerated Plus ETF – April stock remained flat at $45.05 during midday trading on Wednesday. 309 shares of the company were exchanged, compared to its average volume of 1,958. The firm has a fifty day moving average of $43.22 and a two-hundred day moving average of $41.53. Innovator U.S. Equity Accelerated Plus ETF – April has a 1 year low of $36.94 and a 1 year high of $45.07. The firm has a market cap of $30.41 million, a price-to-earnings ratio of 23.93 and a beta of 0.80.

Innovator U.S. Equity Accelerated Plus ETF – April Company Profile

The Innovator U.S. Equity Accelerated Plus ETF – April (XTAP) 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. XTAP was launched on Apr 1, 2021 and is managed by Innovator.