Innovator U.S. Equity Accelerated 9 Buffer ETF – October (BATS:XBOC) Short Interest Down 70.7% in June

Innovator U.S. Equity Accelerated 9 Buffer ETF – October (BATS:XBOC) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 1,450 shares, a drop of 70.7% from the May 31st total of 4,948 shares. Based on an average daily trading volume, of 2,519 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in XBOC. Jane Street Group LLC bought a new stake in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – October in the 1st quarter worth about $233,000. Raymond James Financial Inc. bought a new position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – October during the second quarter worth about $107,000. Orion Porfolio Solutions LLC lifted its position in shares of Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 254.0% during the second quarter. Orion Porfolio Solutions LLC now owns 35,768 shares of the company’s stock worth $1,139,000 after purchasing an additional 25,663 shares during the last quarter. Advisory Services Network LLC grew its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 4.0% in the second quarter. Advisory Services Network LLC now owns 32,298 shares of the company’s stock worth $1,039,000 after purchasing an additional 1,236 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Innovator U.S. Equity Accelerated 9 Buffer ETF – October by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 19,061 shares of the company’s stock worth $625,000 after purchasing an additional 418 shares in the last quarter.

Innovator U.S. Equity Accelerated 9 Buffer ETF – October Trading Up 0.1%

Shares of BATS:XBOC opened at $35.31 on Friday. The company has a fifty day simple moving average of $35.07 and a 200 day simple moving average of $34.07. The firm has a market cap of $89.33 million, a PE ratio of 24.28 and a beta of 0.50. Innovator U.S. Equity Accelerated 9 Buffer ETF – October has a 12-month low of $31.60 and a 12-month high of $35.53.

About Innovator U.S. Equity Accelerated 9 Buffer ETF – October

The Innovator U.S. Equity Accelerated 9 Buffer ETF – October (XBOC) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for 2x the price return of the SPDR S&P 500 ETF (SPY), subject to an upside return cap and downside buffer over a specific holdings period. XBOC was launched on Oct 1, 2021 and is managed by Innovator.