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

Innovator U.S. Equity Accelerated Plus ETF – April (BATS:XTAP) saw a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,271 shares, a growth of 31,675.0% from the April 15th total of 4 shares. Based on an average daily trading volume, of 4,641 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Innovator U.S. Equity Accelerated Plus ETF – April Stock Down 0.1%

Shares of BATS XTAP traded down $0.04 during trading on Monday, hitting $44.63. 1,120 shares of the company traded hands, compared to its average volume of 2,158. Innovator U.S. Equity Accelerated Plus ETF – April has a 1 year low of $36.33 and a 1 year high of $44.75. The company has a 50-day moving average price of $42.26 and a 200-day moving average price of $41.08. The firm has a market capitalization of $30.13 million, a P/E ratio of 23.93 and a beta of 0.80.

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

Institutional investors have recently added to or reduced their stakes in the company. Lido Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April in the 4th quarter valued at about $11,334,000. Susquehanna International Group LLP boosted its stake in Innovator U.S. Equity Accelerated Plus ETF – April by 182.5% in the third quarter. Susquehanna International Group LLP now owns 25,251 shares of the company’s stock valued at $1,001,000 after acquiring an additional 16,313 shares during the period. Sunbelt Securities Inc. increased its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – April by 24.1% in the third quarter. Sunbelt Securities Inc. now owns 4,656 shares of the company’s stock valued at $185,000 after purchasing an additional 905 shares during the period. Arax Advisory Partners bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – April in the fourth quarter valued at approximately $97,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Accelerated Plus ETF – April in the fourth quarter valued at approximately $29,000.

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

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.