Short Interest in Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) Declines By 55.4%

Innovator Index Autocallable Income Strategy ETF (NYSEARCA:ACII) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 18,860 shares, a decrease of 55.4% from the August 15th total of 42,326 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,367 shares, the short-interest ratio is presently 0.4 days.

Innovator Index Autocallable Income Strategy ETF Stock Performance

NYSEARCA:ACII traded down $0.08 during midday trading on Monday, hitting $25.37. The company had a trading volume of 27,654 shares, compared to its average volume of 60,839. Innovator Index Autocallable Income Strategy ETF has a 52-week low of $24.35 and a 52-week high of $26.87. The stock has a fifty day simple moving average of $25.51.

Innovator Index Autocallable Income Strategy ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were issued a $0.2078 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date was Monday, August 31st. This is an increase from Innovator Index Autocallable Income Strategy ETF’s previous monthly dividend of $0.20.

Institutional Trading of Innovator Index Autocallable Income Strategy ETF

A number of hedge funds have recently bought and sold shares of ACII. Sound Income Strategies LLC bought a new position in Innovator Index Autocallable Income Strategy ETF during the first quarter valued at approximately $32,000. POM Investment Strategies LLC bought a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the 2nd quarter worth approximately $79,000. Wealthgarden F.S. LLC purchased a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the 1st quarter valued at $247,000. Rose Capital Advisors LLC purchased a new stake in shares of Innovator Index Autocallable Income Strategy ETF in the 2nd quarter valued at $312,000. Finally, Evolution Wealth Management Inc. grew its holdings in shares of Innovator Index Autocallable Income Strategy ETF by 23.5% during the 1st quarter. Evolution Wealth Management Inc. now owns 19,427 shares of the company’s stock valued at $487,000 after purchasing an additional 3,695 shares during the last quarter. Institutional investors own 68.45% of the company’s stock.