Innovator U.S. Equity Accelerated Plus ETF – January (BATS:XTJA) Sees Large Increase in Short Interest

Innovator U.S. Equity Accelerated Plus ETF – January (BATS:XTJA) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 8,063 shares, a growth of 136.5% from the June 15th total of 3,410 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 3,540 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Arax Advisory Partners acquired a new position in Innovator U.S. Equity Accelerated Plus ETF – January in the fourth quarter valued at $118,000. Welch Financial Planning LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – January during the fourth quarter worth about $406,000. Sunbelt Securities Inc. boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – January by 7.7% during the first quarter. Sunbelt Securities Inc. now owns 13,606 shares of the company’s stock worth $415,000 after buying an additional 971 shares during the period. Foundations Investment Advisors LLC grew its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – January by 47.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 14,313 shares of the company’s stock worth $453,000 after buying an additional 4,633 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – January by 157.2% during the third quarter. Susquehanna International Group LLP now owns 33,285 shares of the company’s stock worth $1,026,000 after buying an additional 20,345 shares during the last quarter.

Innovator U.S. Equity Accelerated Plus ETF – January Price Performance

Shares of Innovator U.S. Equity Accelerated Plus ETF – January stock opened at $34.33 on Thursday. The firm’s fifty day simple moving average is $33.80 and its 200-day simple moving average is $32.45. The stock has a market capitalization of $22.31 million, a price-to-earnings ratio of 23.88 and a beta of 0.84. Innovator U.S. Equity Accelerated Plus ETF – January has a 12 month low of $29.53 and a 12 month high of $34.33.

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

The Innovator U.S. Equity Accelerated Plus ETF – January (XTJA) is an exchange-traded fund that mostly invests in large cap equity. 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. XTJA was launched on Jan 1, 2022 and is managed by Innovator.