Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) Short Interest Up 84.4% in April

Innovator S&P Investment Grade Preferred ETF (BATS:EPRF) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 31,465 shares, a growth of 84.4% from the April 15th total of 17,063 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 8,306 shares, the short-interest ratio is presently 3.8 days.

Hedge Funds Weigh In On Innovator S&P Investment Grade Preferred ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. HRT Financial LP acquired a new position in Innovator S&P Investment Grade Preferred ETF in the fourth quarter valued at approximately $198,000. FORM Wealth Advisors LLC acquired a new stake in shares of Innovator S&P Investment Grade Preferred ETF during the fourth quarter worth $235,000. Susquehanna International Group LLP lifted its holdings in shares of Innovator S&P Investment Grade Preferred ETF by 4.1% during the third quarter. Susquehanna International Group LLP now owns 20,495 shares of the company’s stock worth $375,000 after purchasing an additional 805 shares during the period. AlphaCore Capital LLC purchased a new position in Innovator S&P Investment Grade Preferred ETF in the fourth quarter worth $413,000. Finally, Citadel Advisors LLC purchased a new position in Innovator S&P Investment Grade Preferred ETF in the third quarter worth $446,000.

Innovator S&P Investment Grade Preferred ETF Trading Down 0.1%

Shares of BATS:EPRF opened at $16.98 on Tuesday. The firm’s 50-day moving average is $16.98 and its two-hundred day moving average is $17.46. Innovator S&P Investment Grade Preferred ETF has a 1 year low of $16.35 and a 1 year high of $18.79.

Innovator S&P Investment Grade Preferred ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.085 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

Innovator S&P Investment Grade Preferred ETF Company Profile

The Innovator S&P Investment Grade Preferred ETF (EPRF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index composed of U.S.-listed, investment grade, fixed-rate preferred issues, with a modified equal weighting. EPRF was launched on May 24, 2016 and is managed by Innovator.