Innovator Premium Income 30 Barrier ETF – April (BATS:APRJ) Stock Short Interest Falls 99.1%

Innovator Premium Income 30 Barrier ETF – April (BATS:APRJ) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 30 shares, a drop of 99.1% from the September 15th total of 3,529 shares. Based on an average daily trading volume, of 4,922 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Innovator Premium Income 30 Barrier ETF – April Price Performance

APRJ stock traded up $0.01 during mid-day trading on Friday, reaching $24.64. The company had a trading volume of 18,254 shares, compared to its average volume of 5,260. The company has a market capitalization of $38.19 million, a price-to-earnings ratio of 26.02 and a beta of 0.09. Innovator Premium Income 30 Barrier ETF – April has a 52 week low of $24.47 and a 52 week high of $25.20. The stock has a 50 day simple moving average of $24.92 and a two-hundred day simple moving average of $24.91.

Innovator Premium Income 30 Barrier ETF – April Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Wednesday, September 30th were issued a dividend of $0.4260 per share. This represents a $1.70 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from Innovator Premium Income 30 Barrier ETF – April’s previous quarterly dividend of $0.4260.

Institutional Trading of Innovator Premium Income 30 Barrier ETF – April

An institutional investor recently raised its stake in Innovator Premium Income 30 Barrier ETF – April stock. Brookstone Capital Management increased its holdings in shares of Innovator Premium Income 30 Barrier ETF – April (BATS:APRJ) by 1.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,987 shares of the company’s stock after purchasing an additional 936 shares during the period. Brookstone Capital Management owned approximately 3.61% of Innovator Premium Income 30 Barrier ETF – April worth $1,372,000 at the end of the most recent quarter.

About Innovator Premium Income 30 Barrier ETF – April

The Innovator Premium Income 30 Barrier ETF – April (APRJ) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund seeks to provide a consistent income stream and a limited protective barrier against losses over a one-year period. The actively managed fund holds a package of S&P 500 FLEX options and US Treasurys APRJ was launched on Apr 3, 2023 and is managed by Innovator.