Short Interest in Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) Declines By 64.4%

Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 3,001 shares, a decrease of 64.4% from the July 15th total of 8,426 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 4,579 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Andina Capital Management LLC increased its stake in Innovator U.S. Equity Accelerated Plus ETF – October by 1.4% in the fourth quarter. Andina Capital Management LLC now owns 28,868 shares of the company’s stock valued at $966,000 after purchasing an additional 411 shares during the period. Osaic Holdings Inc. boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – October by 1.6% during the second quarter. Osaic Holdings Inc. now owns 29,374 shares of the company’s stock worth $920,000 after buying an additional 450 shares during the period. Wood Tarver Financial Group LLC boosted its stake in shares of Innovator U.S. Equity Accelerated Plus ETF – October by 15.9% during the fourth quarter. Wood Tarver Financial Group LLC now owns 12,050 shares of the company’s stock worth $403,000 after buying an additional 1,649 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in shares of Innovator U.S. Equity Accelerated Plus ETF – October during the fourth quarter worth about $56,000. Finally, Welch Financial Planning LLC grew its holdings in shares of Innovator U.S. Equity Accelerated Plus ETF – October by 3.7% during the first quarter. Welch Financial Planning LLC now owns 46,990 shares of the company’s stock worth $1,522,000 after buying an additional 1,686 shares during the last quarter.

Innovator U.S. Equity Accelerated Plus ETF – October Trading Up 0.0%

Shares of XTOC opened at $36.89 on Friday. The company’s 50 day simple moving average is $36.25 and its 200-day simple moving average is $34.87. The firm has a market cap of $16.60 million, a PE ratio of 24.82 and a beta of 0.78. Innovator U.S. Equity Accelerated Plus ETF – October has a 12-month low of $31.00 and a 12-month high of $36.89.

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

The Innovator U.S. Equity Accelerated Plus ETF – October (XTOC) 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. XTOC was launched on Oct 1, 2021 and is managed by Innovator.