Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) Stock Short Interest Declines 84.7%

Innovator Uncapped Accelerated U.S. Equity ETF (BATS:XUSP) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 95 shares, a decline of 84.7% from the September 15th total of 620 shares. Based on an average daily volume of 2,256 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Innovator Uncapped Accelerated U.S. Equity ETF Price Performance

Shares of XUSP opened at $54.86 on Monday. The business has a 50-day simple moving average of $54.10 and a two-hundred day simple moving average of $51.87. The stock has a market cap of $50.75 million, a price-to-earnings ratio of 23.39 and a beta of 1.21. Innovator Uncapped Accelerated U.S. Equity ETF has a 52 week low of $42.63 and a 52 week high of $55.40.

Institutional Investors Weigh In On Innovator Uncapped Accelerated U.S. Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XUSP. ATX Financial Planning LLC purchased a new position in Innovator Uncapped Accelerated U.S. Equity ETF during the fourth quarter valued at approximately $4,167,000. Arax Advisory Partners bought a new position in shares of Innovator Uncapped Accelerated U.S. Equity ETF in the fourth quarter worth approximately $1,587,000. Yarger Wealth Strategies LLC increased its stake in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 11.2% in the second quarter. Yarger Wealth Strategies LLC now owns 25,572 shares of the company’s stock worth $1,365,000 after purchasing an additional 2,582 shares in the last quarter. Finally, Brookstone Capital Management increased its stake in shares of Innovator Uncapped Accelerated U.S. Equity ETF by 102.8% in the first quarter. Brookstone Capital Management now owns 9,368 shares of the company’s stock worth $414,000 after purchasing an additional 4,748 shares in the last quarter.

About Innovator Uncapped Accelerated U.S. Equity ETF

The Innovator Uncapped Accelerated U.S. Equity ETF (XUSP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide the potential to outperform the price return of the SPDR S&P 500 ETF (SPY), after achieving performance thresholds. The fund uses four, one-year FLEX Options packages with laddered 3-month expiration dates. XUSP was launched on Aug 11, 2022 and is managed by Innovator.