Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) Shares Shorted: Short Interest Up 1,168.4% in October

Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,970 shares, a growth of 1,168.4% from the September 30th total of 313 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average daily volume of 10,549 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Innovator U.S. Equity Accelerated Plus ETF – October

A hedge fund recently bought a new position in Innovator U.S. Equity Accelerated Plus ETF – October stock. Bullseye Investment Management LLC acquired a new stake in Innovator U.S. Equity Accelerated Plus ETF – October (BATS:XTOC) during the second quarter, according to its most recent filing with the SEC. The firm acquired 130,165 shares of the company’s stock, valued at approximately $4,703,000. Innovator U.S. Equity Accelerated Plus ETF – October comprises approximately 2.3% of Bullseye Investment Management LLC’s holdings, making the stock its 11th largest holding. Bullseye Investment Management LLC owned about 28.93% of Innovator U.S. Equity Accelerated Plus ETF – October as of its most recent filing with the SEC.

Innovator U.S. Equity Accelerated Plus ETF – October Price Performance

Shares of BATS XTOC traded up $0.27 during trading hours on Monday, hitting $37.47. 1,007 shares of the stock were exchanged, compared to its average volume of 5,349. The company’s 50 day moving average is $37.24 and its 200 day moving average is $36.27. The firm has a market capitalization of $16.86 million, a P/E ratio of 24.82 and a beta of 0.78. Innovator U.S. Equity Accelerated Plus ETF – October has a one year low of $31.00 and a one year high of $37.84.

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.